Karachi – The Pakistan Stock Exchange (PSX) witnessed a strong rally on Wednesday as the KMI-30 Index recorded a significant increase, reflecting improved investor confidence and positive market momentum.
The index opened at 240,659.95 points and moved upwards throughout the trading session. It touched a high of 247,230.78 points, while the low during the day was 240,431.27 points. The index closed at 246,406.23 points with a strong gain of 9,855.14 points by the end of trading.
In percentage terms, the market recorded a gain of 4.17%, indicating a sharp upward trend in a single session. The total trading volume for the index constituents stood at 267.53 million shares, indicating active market participation.
From a broader perspective, the index’s fiscal year-to-date (FYTD) performance is 33.27%, reflecting consistent growth over time. However, the calendar year-to-date (CYTD) figure remains slightly negative at -0.86%, suggesting that the market is still recovering from earlier pressures.
Among the top-performing stocks, Lucky Cement (LUCK) contributed 1,333.25 points, followed by Pakistan Petroleum Limited (PPL) with 1,114.65 points. Other major contributors included OGDC (1,088.55 points), Engro Holdings (918.61 points) and FFC (708.90 points).
The strong performance of these key stocks played a major role in pushing the index higher, indicating growth in sectors such as energy, cement and fertilisers.
Overall, the trading session reflected renewed strength in the PSX, with the KMI-30 index showing a strong recovery and upward momentum.
