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PSX Moves Back Above 161,000 After Gaining Over 5,400 Points

Pakistan’s stock market recorded another strong rally as the benchmark KSE-100 Index climbed above the 161,000 level during Thursday’s trading session. The Pakistan Stock Exchange (PSX) extended its recovery momentum, with the index gaining more than 5,400 points by the close of the market. The benchmark index finished the day at around 161,210 points, reflecting an increase of roughly 5,433 points or about 3.49 percent compared to the previous closing level of 155,777 points. The sharp recovery came as investors continued returning to equities after recent market volatility, with buying activity observed across multiple sectors of the market. Analysts noted that the strong performance indicated renewed confidence among investors as the market attempted to stabilize after the earlier correction.

During the trading session, the KSE-100 Index maintained strong upward momentum, reaching an intraday high of approximately 161,476 points after gaining nearly 5,700 points at one stage. The benchmark index remained above the 161,000 level for much of the session before slightly easing toward the close. Market participants reported that investor sentiment improved significantly as buyers entered the market to accumulate stocks that had declined during the previous sessions. The rebound also reflected bargain hunting by investors who believed that share prices had fallen to attractive levels following earlier declines. As a result, several major sectors contributed positively to the index’s performance during the day.

Market activity remained robust, indicating strong participation from investors. Trading data showed that approximately 402 million shares were exchanged during the session, with the total value of shares traded reaching around Rs29 billion by the close. The high trading volume suggested that both retail investors and institutional participants were actively involved in the market. Overall, around 567 companies traded their shares on the exchange during the session. Among them, about 350 companies recorded gains, while 78 companies posted losses. Meanwhile, the share prices of approximately 139 companies remained unchanged, reflecting mixed but generally positive market participation.

Several stocks dominated the trading volume chart during the session. K-Electric Limited emerged as the most actively traded stock, with more than 115 million shares changing hands. The company’s share price increased to Rs8.05 during the session, reflecting strong investor interest. Trust Securities and Brokerage Limited (R) followed with trading volume exceeding 50 million shares, although the stock recorded a decline in its price. Unity Foods Limited also attracted significant attention from investors, with over 48 million shares traded during the day. Other companies that recorded high trading volumes included Cnergyico PK Limited, WorldCall Telecom Limited, and Bank of Punjab, all of which contributed to the active trading environment.

Market analysts believe that the latest rally indicates improving sentiment in the Pakistan Stock Exchange after the volatility seen earlier in the week. However, they also caution that global developments and geopolitical risks could continue influencing investor behavior in the coming sessions. Rising tensions in international markets and fluctuations in global commodity prices remain key factors that could affect the direction of the local market. Despite these uncertainties, the strong rebound suggests that investors remain optimistic about the long-term prospects of Pakistan’s equity market as the benchmark index continues to recover from recent declines.

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Pakistani Rupee Gains Against US Dollar as Global Currencies Stay Under Pressure

The Pakistani rupee was marginally strengthened against the US dollar in the inter-bank market on Monday, appreciating 0.01% to close at Rs278.17, gaining Re0.03. Meanwhile, the Dollar Index edged up to 101.36, while the euro remained at $1.1387. Global currencies remained under pressure as the Australian dollar fell 4.1%, the New Zealand dollar declined 5.9% for the month, and the Japanese yen hovered near a 40-year low.

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