Stock Market Gains as KSE100 Index Surges by 710 Points

Karachi: The KSE100 index experienced a notable rise, climbing 710.66 points to reach 162,936.94, marking a 0.44% increase. This performance pushed the index to a year-to-date gain of 41.53% in CY25. The KSE30 index also showed a positive trend, increasing by 217.28 points to 49,445.82, similarly reflecting a 0.44% rise.

The market’s capitalization saw a boost, with the Pakistan Stock Exchange (PSX) market capitalization increasing by 0.55% to 18,585.38 billion rupees, equivalent to 66.22 billion US dollars.

Among the gainers, Ghani Global Holdings Limited (GHGL) emerged at the top with a price increase of 7.66%, closing at 36.70. Meanwhile, Mehmood Textile Mills Limited (MEHT) and Tariq Glass Industries Limited (TGL) followed with gains of 6.37% and 5.09% respectively.

On the losing end, National Refinery Limited (NRL) saw the most significant drop, falling 3.74% in price. Packages Limited (PABC) and Thal Limited (THALL) also experienced declines, with decreases of 2.70% and 2.66% respectively.

The market saw a total ready turnover of 725.87 million shares, translating to a total value of 35.32 billion rupees, or approximately 125.84 million US dollars.

In regional markets, mixed trends were observed. The Philippines (PSI) posted a 2.0% increase, while Taiwan (TWII) saw a 3.2% rise. In contrast, Malaysia’s KLSE experienced a slight decline of 0.2%.

This upward momentum in the PSX comes amid varying performances in regional markets, signaling a positive yet cautious outlook for investors.