ISLAMABAD: The Pakistan Stock Exchange (PSX) made a robust recovery on Thursday, with the benchmark KSE-100 Index climbing over 1,200 points during intraday trading, breaking through the 121,000-point mark once again.
This sharp rebound comes after two consecutive bearish sessions driven by geopolitical tensions due to the Iran-Israel conflict. By midday, the KSE-100 Index hovered around 121,745 points, reflecting revived investor confidence and optimism in the broader market.
Market Sentiment Turns Positive
Market analysts credited the surge to improving investor sentiment, stabilizing regional developments, and signs of resilience in Pakistan’s economic outlook.
The rally helped counteract Wednesday’s steep losses, when the KSE-100 Index dropped by more than 1,500 points — its most significant single-day decline in weeks.
The upward trend indicates a renewed appetite for equities, particularly in key sectors such as banking, energy, and technology.
Trading Activity and Turnover
Despite the index’s rise, trading volumes remained relatively lower than the previous session.
Around 707 million shares were traded on Thursday, down from 1.15 billion shares the day before. The total value of traded shares stood at Rs21.27 billion, a decrease from Rs27.98 billion.
Out of 470 listed companies, 102 closed with gains, 327 recorded losses, and 41 remained unchanged, showcasing a mixed breadth despite the overall market uptick.
Investors will now watch for upcoming budget developments, regional geopolitical shifts, and economic indicators to assess whether this rally can sustain in the coming sessions.
