Karachi: The Pakistan Stock Exchange (PSX) witnessed a significant surge in trading activity, with the KSE100 index hitting an unprecedented high of 138,665.50 points, marking a 1.68% increase. The KSE30 index also climbed to 42,353.14 points, recording a 1.94% day-on-day change.

The market capitalization of the PSX rose to Rs 16,617.07 billion, equivalent to $58.31 billion, showing a daily growth of 1.24%. Year-to-date, the market has seen an impressive growth of 14.63% in CY25.

PSEL emerged as the top gainer on the KSE100 index, with its share price rising by 10.00% to Rs 1,105.65. Other notable gainers included AICL, which increased by 9.81% to Rs 73.18, PTC up by 7.53% to Rs 23.56, and EFERT, which saw a 5.00% rise to Rs 207.63.

In contrast, BNWM was the leading loser, with its share price plummeting by 9.86% to Rs 87.97. MEHT also saw a decline of 3.48% to Rs 387.35, while THALL fell by 3.37% to Rs 442.39.

The total volume of shares traded on the PSX reached 780.01 million, amounting to a total value of Rs 39.98 billion, or $140.28 million. The 52-week average daily turnover stood at 655.41 million shares.

Regional markets showed mixed results, with Korea's KOSPI experiencing a 0.2% increase and China's SSEA rising by 0.4%. However, India's BSESN and the Philippines' PSI indices saw declines of 0.5% and 0.7%, respectively.

This surge in the stock market reflects investor confidence and positive sentiment, positioning Pakistan's stock exchange as a noteworthy performer in the regional markets.