Karachi: Pakistan's stock market saw significant gains on Thursday, with the KSE100 index reaching its highest level in 52 weeks, closing at 128,199.43 points. This marks a gain of 2,572.12 points or 2.05 percent from the previous day. The KSE30 index also showed strong performance, closing at 39,105 points, up by 951.21 points or 2.49 percent.

Market capitalization increased to Rs 15,472.72 billion, reflecting a 1.53 percent rise. In dollar terms, market capitalization stood at $54.53 billion. The year-to-date change for the calendar year 2025 is 6.74 percent, while the fiscal year 2026 has seen a 2.49 percent increase.

Among the top gainers, FABL's stock price rose by 10 percent to 76.69, while MCB's shares increased by 8.91 percent to 314.02. ABL also performed well, with a 6.95 percent rise to 150.80. Conversely, BNWM saw a decline of 6.24 percent to 81.99, and GHGL fell by 4.53 percent to 43.38.

The total trading volume was 1,032.76 million shares, with a value of Rs 44.01 billion, equivalent to $155.09 million. The Bank of Punjab led the volume leaders with 73.83 million shares traded, followed by SSGC with 69.17 million shares.

Regionally, Korea's KOSPI index increased by 0.6 percent, contributing to a 28.8 percent year-to-date growth. In contrast, Indonesia's JKSE fell by 0.2 percent, continuing its downward trend with a 2.3 percent decline for the year.

The stock market's positive performance highlights investor confidence, with the indices setting new records and showing resilience in the face of global economic challenges.