The index rose by 6,523 points over the week, closing at 178,922 points.
KARACHI: The Pakistan Stock Exchange (PSX) recorded a strong bullish trend during the weekly trading session, with the benchmark KSE-100 Index gaining 3.8% on a week-on-week basis.
The index rose by 6,523 points over the week, closing at 178,922 points, up from 172,399 points in the previous week.
During the week, the stock market successfully regained six key psychological levels, reflecting renewed investor confidence.
The KSE-100 Index touched a weekly high of 182,185 points, while the weekly low was recorded at 175,085 points.
The total market capitalization increased by Rs874 billion over five trading sessions, reaching Rs19.994 trillion.
Market analysts attributed the bullish momentum to improving global conditions and easing geopolitical tensions.
Key drivers included:
Progress toward a potential peace agreement between the United States and Iran
A decline in global oil prices amid reduced geopolitical tensions
Institutional and Fund Buying Supports Rally
Strong institutional participation further supported the upward trend:
Mutual funds purchased shares worth approximately $65 million
Companies invested an additional $7 million in equities
Trading Activity Remains Strong
Market participation remained healthy throughout the week:
Average daily trading volume: 1.14 billion shares
Average daily trading value: Rs63 billion
More read, Bulls extend their grip as optimism lifts the market
The PSX’s weekly performance reflects strengthening investor sentiment driven by global economic stability and increased institutional inflows. Analysts expect market momentum to remain positive in the near term.
