Pakistan’s equity market staged a powerful recovery on Thursday, rebounding strongly after investors stepped in aggressively to accumulate heavyweight stocks, reversing sharp losses seen earlier in the session.
The benchmark KSE-100 Index climbed 4,266 points, or 2.59 percent, to settle at 168,893 points by the close of trading. The rally marked a decisive turnaround after the index had slipped as much as 1,672 points, or 1.02 percent, to an intraday low of 162,953 during early trade.
Market activity remained vibrant, with around 355 million shares changing hands, while the total value of shares traded stood at approximately Rs 29.5 billion.
Overall sentiment improved markedly as gains outnumbered losses across the board. Out of 567 companies that participated in trading, 291 closed higher, 145 ended in the red, and 131 remained unchanged.
Unity Foods Limited dominated the volumes chart, with more than 71 million shares traded during the session. Other actively traded stocks included Bank of Punjab, K-Electric, WorldCall Telecom, TPL Properties, Pakistan International Bulk Terminal, and Hascol Energy, reflecting renewed investor interest across multiple sectors.
The strong close underscored a return of confidence at the Pakistan Stock Exchange, as bargain hunting and selective buying in key stocks helped the market recover on all fronts.
