FLASHNEWS:

Pakistan Stock Exchange Sees Significant Gains as Key Indices Surge


Karachi: The Pakistan Stock Exchange (PSX) experienced notable gains with its key indices, KSE30 and KSE100, surging by 9.54% and 9.32%, respectively. This upward movement was marked by a significant daily points increase, reflecting positive market sentiment.



According to JS Global, the KSE100 index closed at 165,811.02, while the KSE30 index reached 50,320.40. The market saw substantial activity with a total volume of 1,245.19 million shares traded, amounting to a value of Rs. 54.40 billion (US$ 194.96 million). The leading gainers for the day included K-Electric Limited (KEL), which rose by 13.88%, and Kohinoor Spinning Mills Limited (KOSM), which increased by 13.39%.



The market capitalization of PSX increased by 8.70%, reaching Rs. 18,322.69 billion (US$ 65.66 billion). Year-to-date figures for the fiscal year 2026 showed a positive trend, with KSE30 and KSE100 indices gaining 31.89% and 31.99%, respectively. The trading session also highlighted the highest achievers in terms of volume, with First National Equities Limited (FNEL) and KEL leading the charge.



The regional markets also witnessed mixed trends, with Korea’s KOSPI index seeing a notable rise of 6.9%, while India’s BSESN index experienced a decline of 9.0% year-to-date. The positive performance of the PSX is seen as a reflection of investor confidence and potential growth prospects in the market.