Pakistan Stock Exchange (PSX) extended its rally on Wednesday as the benchmark KSE-100 index gained 1,666.85 points. The index climbed 0.94% to 179,359.77 during intra-day trading. The advance highlighted renewed investor confidence and supported market participants across key sectors.
The market opened on a positive note and maintained strong momentum throughout the session. Earlier, the KSE-100 had risen 551.65 points to reach 178,244.57 shortly after trading began. As buying activity intensified, the benchmark moved closer to the significant 180,000-point level.
During intra-day trading, the index touched a high of 179,540.31 points and a low of 177,931.32 points. Meanwhile, traded volume reached 271.61 million shares, reflecting strong investor participation. The robust turnover indicated growing interest from both institutional and retail investors.
The rally was supported by widespread gains across major sectors of the market. Automobile assemblers, cement producers, commercial banks, fertiliser companies, and energy-related stocks recorded notable buying interest. In addition, oil and gas exploration firms, oil marketing companies, and power generation stocks contributed significantly to the benchmark’s rise.
The latest advance follows a period of cautious trading that had slowed market momentum. However, Wednesday’s performance suggested improving sentiment despite persistent economic challenges. Strong activity in heavyweight stocks and broad-based gains provided additional support for the market’s medium-term outlook.