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KSE-100 surges over 1,000 points on strong early trading

KSE-100 surges

KARACHI: The Pakistan Stock Exchange opened strongly on the third trading day of the week, as bullish momentum drove the benchmark KSE-100 Index sharply higher.

In early trading, the index jumped by 1,018 points, reclaiming the key psychological level of 151,000. At the time of reporting, the KSE-100 was trading at 151,034 points.

The surge follows the previous session’s close at 150,016 points, reflecting renewed investor confidence and active buying interest in the market.

Meanwhile, Asian markets showed mixed trends amid ongoing tensions in the Middle East.

Japan’s Nikkei 225 posted a nearly 3 percent gain, while Malaysia’s stock market advanced over 1.5 percent.

Conversely, Thailand’s market recorded a modest 1 percent rise, and China’s Shanghai Composite Index slipped slightly. Hong Kong’s Hang Seng Index also experienced minor losses during trading.

PSX ends week in red with KSE-100 falling 4,526 points

PSX ends week

KARACHI The Pakistan Stock Exchange witnessed a sharply negative trend during the past week, with heavy selling pressure dragging key indices lower.

During the five trading sessions, the benchmark KSE-100 Index declined by 4,526 points. The index fell from 184,129 points at the start of the week to close at 179,603 points.

The market lost five psychological levels over the course of the week, reflecting weak investor sentiment. Out of five trading days, the market remained bearish for four sessions, while only one day recorded gains.

The index touched a weekly high of 185,650 points, while the lowest level recorded during the week was 178,237 points.

Market capitalization shrank by Rs523 billion over the five-day trading period, bringing the total market capitalization down to Rs20,359 billion by the end of the week.

Analysts attributed the downturn to sustained selling pressure, lower-than-expected corporate financial results, and investor concerns related to the Reko Diq project, which collectively weighed heavily on market performance.

PSX hits record high as KSE-100 crosses 174,000 points

PSX hits record high

KARACHI:  The Pakistan Stock Exchange (PSX) reached a historic milestone as the benchmark KSE-100 Index climbed to an all-time high during intraday trading.

During the session, the KSE-100 Index crossed the 174,000-point level for the first time in history, reflecting strong investor confidence.

The market opened on a positive note at the start of the business week, with the index gaining momentum throughout the session and at one point rising more than 1,411 points above 174,000.

By the close of trading, the KSE-100 Index settled at 173,896 points, registering a net gain of 1,495 points.

Trading activity remained robust, with around 850 million shares changing hands, valued at approximately Rs42 billion. Market capitalization increased by Rs125 billion to reach Rs19,590 billion.

According to economic analysts, positive developments related to key institutions, including the Fauji Foundation, and other favorable economic indicators contributed to the strong bullish trend in the stock market.