Karachi: The Pakistan Stock Exchange (PSX) witnessed a significant surge in trading activity as the KSE100 index reached a record high of 117,008.08 points, marking a day-on-day increase of 1.63%. The KSE30 index also climbed by 1.89%, closing at 36,864.84 points. The market capitalization of PSX rose by 1.20%, reaching Rs 14,669.79 billion.
According to JS Global, the market's upward trajectory was driven by gains in key stocks, with PSX, PGLC, and ISL leading the charge. PSX saw a price increase of 10.02%, PGLC rose by 9.98%, and ISL recorded a gain of 9.96%. The total trading volume amounted to 956.27 million shares, with a value of Rs 46.44 billion.
The PSX's year-to-date performance for fiscal year 2025 shows a remarkable increase, with the KSE100 index up by 49.16% and the KSE30 index by 45.81%. In contrast, some stocks experienced losses, with MEHT, PAKT, and DAWH declining by 7.54%, 4.11%, and 2.54%, respectively.
The regional markets showed mixed results, with India's BSESN gaining 0.5%, while other markets such as China, Indonesia, and Korea remained stable with no significant changes. The PSX's performance reflects a strong recovery trajectory, with the market capital nearing its 52-week high of Rs 14,811.81 billion.