The benchmark KSE-100 Index of the Pakistan Stock Exchange witnessed bullish trend on Friday, gaining 2,237.52 points, a positive change of 1.30 percent, closing at 173,962.82 points against 171,725.29 points on the last trading day, according to PSX data.
During the session, the ready market recorded a trading volume of 555.063 million shares with a traded value of Rs 40.877 billion, compared to 506.355 million shares valuing Rs 31.146 billion in the previous session. The market capitalization increased to Rs 19.166 trillion from Rs 18.989 trillion a day earlier.
Out of 490 active companies in the ready market, 298 advanced, 161 declined, and 31 remained unchanged.
TRG Pak Ltd topped the volume chart with 34.194 million shares, followed by Bank of Punjab with 23.894 million shares and WorldCall Telecom with 22.881 million shares.
The top gainers included PIA Holding Company LimitedB, which increased by Rs 669.12 to close at Rs 18,598.00, and Khairpur Sugar Mills Limited, which gained Rs 220.86 to settle at Rs 2,429.42.
On the losing side, Sapphire Textile Mills Limited declined by Rs 21.74 to close at Rs 1,335.68, while Ismail Industries Limited fell by Rs 13.15 to close at Rs 1,956.00.
In the futures market, turnover stood at 485.199 million shares with a traded value of Rs 21.265 billion, compared to 331.394 million shares worth Rs 18.440 billion in the previous session.
Out of 318 futures-market companies, 195 recorded gains while 121 declined and 2 remained unchanged, according to PSX data.
Asian equity markets closed higher on Friday as investors monitored escalating military developments involving Iran alongside growing optimism over a possible temporary truce between Tehran and Washington after months of conflict.
Japan’s benchmark indices advanced, with the Nikkei 225 gaining 0.88% and the TOPIX rising 0.53%. In South Korea, the KOSPI surged 2.68%, while the small-cap KOSDAQ edged up 0.25%, according to CNBC.
Shares of Samsung Electronics climbed as much as 6.5% after the company declared it had started supplying samples of its next-generation high-bandwidth memory chips to customers worldwide, boosting sentiment around semiconductor and AI-related stocks.
Australia’s S&P/ASX 200 advanced 0.72%, while Hong Kong’s Hang Seng Index added 0.68%. Mainland Chinese equities also moved higher, with the CSI 300 gaining 0.38%.
Investor sentiment remained sensitive to geopolitical developments in the Middle East after Iranian state media reported that the country’s armed forces launched missiles toward unspecified targets late Thursday.