KARACHI – The Pakistan Stock Exchange (PSX) witnessed a strong rebound on Friday, with the benchmark KSE-100 Index climbing by 2,496.07 points during intraday trading. The index registered a gain of 1.59 percent to reach 159,228.94 points, recovering sharply from Thursday’s decline.
The recovery comes after the market suffered a major setback a day earlier, when the KSE-100 dropped by 1,732 points amid investor uncertainty. The turnaround reflects renewed investor confidence and the market’s underlying resilience, buoyed by improving sentiment and optimism over upcoming economic indicators.
Market analysts attributed part of the bullish momentum to reports of a ceasefire extension between Pakistan and the Afghan Taliban Regime following talks in Istanbul — a development that may contribute to regional stability and investor assurance.
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During the session, a total of 848.303 million shares changed hands, compared to 951.840 million shares on the previous day. The total traded value stood at Rs37.61 billion, slightly down from Rs41.31 billion. Out of 475 companies that participated, 148 recorded gains, 293 saw losses, and 34 remained unchanged.
Despite recent volatility, analysts say the PSX’s strong rebound indicates the potential for continued growth in the coming sessions, provided economic fundamentals and investor sentiment remain steady.
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