The Pakistan Stock Exchange surged on Thursday, with the KSE-100 Index jumping 2,473.55 points, or 1.56%, to close at 160,657.50 amid improved investor confidence and a positive trading environment.
Trading remained active throughout the session as the index touched an intra-day high of 160,944.51 and a low of 158,971.49. The rally was driven by optimism over political stability, security gains, and a calmer regional outlook.
Major sectors including cement, fertiliser, and oil & gas led the broad-based rally. Investors welcomed signs of steadier governance and continuity in economic reforms, boosting confidence across key industries throughout the day.
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Momentum was further supported by domestic and regional developments. The Sri Lankan cricket team’s decision to continue its Pakistan tour and a successful counter-terrorism operation in Khyber Pakhtunkhwa reassured markets about security conditions.
Additionally, the Indian Cabinet’s measured reaction to the Delhi explosion, without direct reference to Pakistan, eased cross-border tensions. These factors collectively fostered optimism, prompting robust buying in blue-chip stocks and major market players.
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Stocks of Fauji Fertiliser, Lucky Cement, Maple Leaf Cement, DG Khan Cement, Mari Energies, Fauji Cement, Cherat Cement, and Hub Power performed strongly, while MLCF and PIOC hit upper circuits following a stake acquisition announcement.
Overall market participation remained moderate, with trading volume rising to 797.1 million shares and the equity value reaching Rs35.1 billion. Of 477 traded companies, 285 closed higher, 142 fell, and 50 remained unchanged.