The Pakistan Stock Exchange (PSX) witnessed a strong recovery on Tuesday, with the benchmark KSE-100 Index posting one of its biggest single-day gains as investor sentiment improved following volatility earlier in the week.
According to brokerage house Arif Habib Limited (AHL), the rally marked the second-largest single-day recovery in the history of the market.
By the close of trading, the KSE-100 Index had surged by 9,696 points, or 6.62 percent, settling at 156,177 points, compared with 146,480 points recorded in the previous session.
During intraday trading, the benchmark index climbed as much as 11,874 points, reaching a high of 158,354 points before easing slightly to close near the 156,000 level.
Market activity remained strong, with 289.65 million shares changing hands during the session. The total value of traded shares stood at approximately Rs. 27.4 billion by the end of the day.
Overall, 567 companies participated in trading at the bourse. Among them, 388 stocks closed higher, 43 declined, while 136 remained unchanged.
Top Volume Leaders
| Scrip | Price | High | Low | Change | Volume |
|---|---|---|---|---|---|
| KEL | 7.73 | 7.94 | 7.60 | +0.53 | 53,265,424 |
| BOP | 27.28 | 28.00 | 27.00 | +1.83 | 38,630,948 |
| CNERGY | 6.92 | 7.13 | 6.86 | +0.37 | 27,361,886 |
| FNEL | 1.27 | 1.32 | 1.25 | +0.12 | 15,499,891 |
| UNITY | 9.09 | 9.30 | 8.86 | +0.59 | 14,732,116 |
| WTL | 1.29 | 1.30 | 1.23 | +0.12 | 13,907,677 |
| HASCOL | 15.67 | 16.02 | 15.51 | +0.93 | 13,140,197 |
The rebound comes after heightened market volatility earlier in the week, with investors returning to equities as global oil prices reversed sharply and risk sentiment improved.
