Pakistan’s benchmark KSE-100 index jumped 1,237.11 points in early intraday trading Wednesday, reaching 184,627.77 points. Market participation remained steady with 144.5 million shares traded, valued at over Rs9.55 billion. The increase represents a 0.68% gain from Tuesday’s close of 183,390.66 points.
Top active stocks included K-Electric Limited with 53.2 million shares traded, rising 1.97% to Rs8.80. Cnergyico PK Limited followed with 50.2 million shares, up 0.14% to Rs8.39, and Pak Qatar General Takaful Limited gained 8.90% to Rs16.77 on 14 million shares.
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Leading advancers were Kohinoor Power Company Limited, rising 10.01% to Rs33.95, Javedan Corporation (Pref) gaining 10.01% to Rs91.80, and Engro Polymer & Chemicals Limited increasing 10% to Rs36.29. These gains helped lift the overall index performance.
On the downside, East West Insurance Company Limited fell 9.37% to Rs51, Nazir Cotton Mills declined 9.10% to Rs17.27, and Tariq Corporation Limited dropped 8.76% to Rs19.79. Analysts note that selective selling amid sector rotation influenced the decliners.
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Investors appear confident as trading volumes remain robust, signaling continued market interest. Early momentum in energy, chemicals, and power stocks contributed significantly to the KSE-100’s positive start.