KSE-100 Index Reaches New High Amid Bullish Momentum

The Pakistan Stock Exchange (PSX) continued its bullish run in today’s trading session, with the benchmark KSE-100 index surging by 1,001 points during intraday trading before closing at 156,563. The market posted a gain of 476 points, or 0.31%, as investor sentiment remained upbeat. As many as 478 companies transacted their shares in the stock market, 154 of them recorded gains and 291 sustained losses, whereas the share price of 33 companies remained unchanged. The rally was driven by strong performances from major players, including Engro Corporation (ENGROH), Fauji Fertilizer Company (FFC), Meezan Bank (MEBL), Mari Petroleum (MARI), and Engro Fertilizers (EFERT). These stocks collectively added 886 points to the index, showcasing robust investor confidence in key sectors, according to Topline Securities Trading activity was vibrant, with total volumes reaching 1,066 million shares and a traded value of Rs. 55.1 billion. K-Electric Limited (KEL) emerged as the volume leader, with 169 million shares changing hands during the session.