Karachi – The Pakistan Stock Exchange (PSX) recorded a strong bullish session on Wednesday, as the benchmark KSE-100 Index recorded a big gain, reflecting improved market sentiment.
The index opened at 167,389.07 points and showed a continuous upward movement throughout the day. It reached a high of 172,088.58 points, while the low was at 167,354.44 points. By the close, the index closed at 171,704.76 points, up 6,962.29 points.
In percentage terms, the market gained 4.23%, indicating strong positive momentum in a single trading session. The total traded volume of the index constituents stood at 562.66 million shares, highlighting active participation.
Broadly, the KSE-100 index has gained 36.68% in the fiscal year to date (FYTD), indicating long-term growth. However, the calendar year to date (CYTD) performance remained at -1.35%, suggesting that earlier losses are still being balanced.
Among the top-performing stocks, UBL led with a contribution of 931.70 points, followed by LUCK (467.49 points) and PPL (390.95 points). Other contributors included FFC (387.13 points) and OGDC (381.69 points).
On the downside, a few stocks were slightly underweight on the index. PSEL (-7.88 points), COLG (-6.01 points), INDU (-2.15 points), MUREB (-0.65 points), and HGFA (-0.37 points) recorded marginal declines.
Overall, the session reflected strong upward momentum in the PSX, supported by major sectors.
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