The Pakistan Stock Exchange closed the week on a strong note, with the benchmark KSE-100 Index registering a significant gain of 6,747 points amid improved investor sentiment.
By the end of the trading week, the index settled at 173,939 points, reflecting a bullish trend driven by renewed buying interest across key sectors. Market participants remained active throughout the week, capitalising on price fluctuations and short-term opportunities.
The index witnessed notable volatility, moving within a wide range of 14,245 points. It reached a high of 174,404 points during the week, while the lowest level recorded was 160,158 points. Analysts believe that such sharp swings indicate both strong participation and cautious optimism among investors.
Trading volumes remained robust, with 5.18 billion shares changing hands in deals worth Rs241.9 billion. This reflects sustained activity and liquidity in the market despite ongoing economic uncertainties.
However, in a contrasting development, overall market capitalisation declined by Rs776 billion, closing the week at Rs19,250 billion. Experts suggest that sector-specific losses and profit-taking in heavyweight stocks contributed to the drop in market value.
Market analysts expect the momentum to continue in the coming weeks, provided macroeconomic indicators remain stable and investor confidence stays intact.