Karachi: The KSE100 index achieved a new 52-week high, closing at 92,520.49 points, marking a significant gain of 499.05 points or 0.54% in daily trading. The KSE30 index also rose, ending at 28,761.88 points, with a 97.08 point increase, translating to a 0.34% daily change.

According to JS Global, the gains were attributed to strong performances by key stocks including BNWM, which saw a 10% increase to 32.34, PKGS rising by 7.96% to 485.83, and HCAR climbing 7.93% to 309.88. The market capitalization of the Pakistan Stock Exchange (PSX) also rose to Rs 11,876.11 billion, equivalent to US$ 42.80 billion, reflecting a 0.50% daily change.

Year-to-date (YTD) figures for the calendar year 2024 show an impressive 48.15% increase for the KSE100 index and a 38.43% rise for the KSE30 index. For the fiscal year 2025, the KSE100 index saw a 17.94% YTD increase, while the KSE30 index rose by 13.76%.

The total trade volume reached 678.79 million shares, with a total value of Rs 24.83 billion or US$ 89.47 million. Volume leaders included BOP with 62.92 million shares valued at Rs 411.47 million, and KOSM with 46.53 million shares at Rs 360.63 million.

Despite the overall positive market trend, some stocks experienced losses. FCEPL dropped by 4.36% to 90.91, EPCL fell 3.65% to 36.43, and EFUG decreased by 3.30% to 91.13. Additionally, the regional markets showed mixed performance, with China’s SSEA gaining 2.6%, while India’s BSESN and Indonesia’s JKSE experienced declines of 1.0% and 1.9%, respectively.

The PSX’s 12-month average daily traded volume (ADTO) stood at 531.79 million shares, with an ADTO value of Rs 19.25 billion or US$ 68.96 million. As the market continues its upward trajectory, investors remain optimistic about future growth prospects.