Karachi: The Karachi Stock Exchange (KSE) witnessed a robust trading session as the KSE100 index climbed by 1,274.26 points, closing at 148,617.78, marking a 0.86% increase from the previous day. Meanwhile, the KSE30 index saw a rise of 370.74 points, reaching 45,247.79, with a 0.83% increase.
Among the top gainers were DG Khan Cement (DGKC), which rose by 10.00% to a price of 207.47. Fauji Cement Company Limited (FCCL) and Tariq Glass Industries Limited (TGL) also recorded significant gains, with their stock prices increasing by 8.42% and 8.26%, respectively.
On the losing side, Indus Motor Company Limited (INDU) saw a decrease of 4.84%, closing at 2,257.46. EFU General Insurance Limited (EFUG) and Engro Polymer and Chemicals Limited (EPCL) also faced declines, with losses of 4.38% and 2.27% respectively.
The market capitalization of the Pakistan Stock Exchange stood at Rs 17,655.78 billion, displaying a 0.68% increase. In terms of volume, a total of 1,342.20 million shares were traded, with a value of Rs 52.31 billion, which is approximately US$ 185.63 million.
Regional markets presented mixed performances. China's SSEA index rose by 0.4%, while India's BSESN and Korea's KOSPI saw slight declines of 0.3% each. Indonesia's JKSE faced a more substantial drop of 1.5%.
The day's trading session highlighted a positive market sentiment, with several key stocks contributing to the overall gain of the KSE100 index.