Since June 7, 2017, the benchmark KSE-100 index has closed above 50,000 points.
Following the day’s trading session at 49,431.47 points, the benchmark KSE-100 index increased by 933.68 points, or 1.89 percent, to reach 50,365.15 points. The major stock exchange kept up the level of support that investors gave last week, which helped the index reach its highest point since June 2017.
In contrast, the Karachi Stock Exchange All-Share index increased by 575.64 points to close at 33,626.52, while the KMI 30 index advanced by 2178.57 points to close at 85,494.32.
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The equity market surged today, according to Ismail Iqbal Securities, due to increased market liquidity caused by a decline in T-bill yields and result-driven rallies. Today’s trading volume increased from 157 million shares in the previous session to 249 million shares.
The main contributors during today’s session were commercial banks, oil and gas exploration companies, and fertilizer sectors, which added a total of 566 points to the index.
Top Volumes of KSE
| SCRIP | PRICE | HIGH | LOW | CHANGE | VOLUME |
| KEL | 3.28 | 3.42 | 3.01 | 0.29 | 83,163,817 |
| PRL | 17.44 | 17.58 | 16.92 | 0.6 | 37,666,822 |
| WTL | 1.28 | 1.31 | 1.27 | -0.01 | 25,884,545 |
| PPL | 82.65 | 83.29 | 77.13 | 5.47 | 18,911,504 |
| OGDC | 97.39 | 98.5 | 93.55 | 4.15 | 18,109,346 |
| SNGP | 51.15 | 51.15 | 47.66 | 3.57 | 16,372,026 |
| SSGC | 10.89 | 10.89 | 9.86 | 0.98 | 15,262,544 |
It is worth mentioning that the benchmark KSE-100 index experienced a 21 percent increase of 8,912 points, or 21%, during the fiscal year 2023–24. In contrast, the current calendar year (2023) has seen a cumulative gain of more than 9,900 points.
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