Karachi: The KSE100 Index of the Pakistan Stock Exchange (PSX) witnessed a significant uptick on November 3, closing at 168,018.88, marking an increase of 1,454.82 points or 0.87 percent from the previous trading session.
According to JS Global, the positive trend was led by several top gainers, including Pakistan Services Limited (PSEL), which rose by 10 percent to reach a price of Rs 1,192.08. Other notable gainers included Hinopak Motors Limited (HINOON) and Kohat Cement Company Limited (KOHC), posting increases of 5.02 percent and 3.66 percent, respectively.
Despite the overall positive market sentiment, some stocks experienced declines. Cnergyico Pk Limited (CNERGY) saw a drop of 4.40 percent, closing at Rs 11.74. The total market capitalization of the PSX rose to Rs 18,395.70 billion, with the daily trading volume reaching 517.35 million shares, valued at Rs 20.70 billion.
The regional markets presented a mixed picture, with India's BSE Sensex gaining 1.6 percent, while indices in China, Indonesia, Korea, and the Philippines recorded declines. The KSE30 Index also showed a positive movement, closing at 49,411.77 points, up by 408.34 points or 0.83 percent from the previous day.
The report further highlighted that the Year-to-Date (YTD) change for the calendar year 2026 stands at a decline of 3.47 percent for the KSE100 Index and 7.30 percent for the KSE30 Index. The PSX's market capitalization in US dollars saw a 0.56 percent increase, reaching $66.48 billion.