Karachi: The stock market experienced a notable surge as both the KSE30 and KSE100 indices registered significant gains. According to data from the Pakistan Stock Exchange, the KSE30 index rose by 397.05 points, reaching 57,477.09, while the KSE100 index climbed 1,456.61 points to close at 186,518.72.

The trading session saw the indices reaching highs of 57,683.02 for the KSE30 and 187,015.12 for the KSE100, indicating a strong performance throughout the day. The percentage increase for the KSE30 stood at 0.70%, while the KSE100 saw a rise of 0.79%.

In terms of market activity, the overall turnover for regular markets increased from 1,306,062,437 to 1,329,489,940 with a corresponding rise in traded value from 85,321,647,789 to 86,586,623,102. Market capitalization also expanded, moving from 20,740,516,622,855 to 20,905,554,690,527.

The Derivatives and Futures Contracts (DFC) segment witnessed a slight decrease in turnover, falling from 274,139,000 to 270,664,000, although the traded value increased from 18,685,843,425 to 21,439,002,990.

In the Over-the-Counter Debt Listing (ODL) segment, turnover decreased from 1,645 to 1,310, with a decline in traded value from 34,102 to 26,681.

The Commodity Futures Segment (CSF) showed an increase in turnover from 3,732,000 to 5,079,500, and a rise in traded value from 1,006,431,745 to 1,562,570,985, indicating heightened activity in this sector.

The overall positive performance of the market reflects investor confidence and a favorable trading environment, contributing to the gains observed in the indices.