The Pakistan Stock Exchange (PSX) achieved a historic milestone as market activity soared to an 18-year high, with a traded value of Rs. 56.6 billion (USD 204 million). According to Arif Habib Limited, this marks the highest activity in the regular market since February 2, 2007.
The KSE-100 index, the benchmark for the stock market, closed at an all-time high of 104,559 points after gaining 1,284 points in a single day. A total of 1.77 billion shares were traded during the session, with the value of traded shares standing at Rs. 56.624 billion.
Out of 464 companies that participated in trading, 271 recorded gains, 159 sustained losses, and 34 remained unchanged.
Market Performance and Reflection
While the market celebrated the KSE-100 index crossing the 100,000-point milestone, experts highlighted the challenges faced by the stock market in recent years. Mohammed Sohail, CEO of Topline Securities, noted on X (formerly Twitter) that the index remains 25% below its 2017 peak in USD terms. He explained that to match the 2017 peak, the index would need to reach approximately 140,000 points, factoring in the significant currency devaluation over the years.
Top Volume Highlights
| Scrip | Price (Rs.) | High (Rs.) | Low (Rs.) | Change (Rs.) | Volume |
|---|---|---|---|---|---|
| CNERGY | 6.72 | 6.72 | 6.0 | 1.0 | 246,707,903 |
| WTL | 1.47 | 1.53 | 1.45 | 0.01 | 89,419,070 |
| HASCOL | 14.72 | 14.84 | 13.7 | 1.19 | 87,024,698 |
| PAEL | 30.48 | 30.48 | 27.17 | 2.77 | 67,806,935 |
| SSGC | 32.24 | 32.24 | 29.8 | 2.84 | 61,811,720 |
| POWER | 8.09 | 8.13 | 7.5 | 0.54 | 58,501,362 |
| KEL | 5.71 | 5.93 | 5.59 | -0.05 | 56,938,645 |
