KARACHI – Pakistan Stock Exchange Index reached another high of 101,357 on Friday, rising 1.27pc after surpassing 100kmark. Positive investor sentiment and strong performances in key sectors like banking, oil, and power generation drove the rally.
On Friday, flagship index KSE-100 closed at new all-time high of 101,357, up by 1,274 points. This marks continuation of bullish momentum that saw the benchmark index surpass the 100,000 milestone just a day earlier.
During the day, OGDC, HBL, NBP, ATRL, HUBCO, SSGC, PSO, and PPL saw positive movement amid new high.
At PSX, total trading volume decreased to 915.51 million shares from 1.16 billion the day before, and the total value of shares traded dropped to Rs 35.98 billion. B.O. Punjab led trading with 95.56 million shares, followed by K-Electric Ltd and Sui South Gas.
The record-breaking performance of the KSE-100 Index reflects growing investor confidence, driven by a mix of improving economic conditions and market optimism.
