KARACHI: In an upswing for local investors, the KSE30 and KSE100 indices experienced substantial increases, closing at 49,987.10 and 165,634.85 respectively. The indices showed gains of 3.14 percent, reflecting a positive trend in the stock markets.

According to Pakistan Stock Exchange Limited, the KSE30 index rose by 1,522.98 points, while the KSE100 index saw an increase of 5,043.51 points. The day's trading also registered a turnover of 824,539,024 for regular (REG) stocks, an increase from the previous session's 743,227,686. The traded value similarly rose to 36,336,277,816 from 34,285,863,100.

The market capitalization for regular stocks climbed to 18,305,664,297,506 from 17,802,488,383,861, indicating a robust market performance. Additionally, the daily traded volume for DFC stocks increased to 191,863,000 from 174,577,000, with the traded value moving up to 9,622,544,195 from 8,561,522,690. Other categories such as ODL and CSF also recorded stable figures, with minor fluctuations in turnover and traded values.

The current market trends suggest a favorable environment for investors, as evidenced by the KSE indices' performance and the overall increase in turnover and market capitalization.