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PSX extends gains as KSE-100 crosses 179,000 mark

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PSX’s KSE-100 Index extended gains, rising 334 points to 178,596 as strong investor activity followed a major recovery and broad-based market buying.

ISLAMABAD (Dunya News) – The Pakistan Stock Exchange (PSX) continued its positive momentum on Tuesday, with the benchmark KSE-100 Index trading higher after a strong recovery in the previous session.

The KSE-100 Index was recorded at 178,596.55 points, gaining 334.22 points or 0.19 percent during trading. The market touched an intraday high of 179,123.00 points and a low of 177,914.38 points.

The market recorded a trading volume of 67.64 million shares, while the traded value stood at Rs4.73 billion.

A day earlier, the benchmark index posted a significant recovery, climbing 7,241.13 points or 4.23 percent to close at 178,262.34 points compared with the previous close of 171,021.20 points.

The strong performance in the previous session was supported by broad-based buying across major sectors, reflecting improved investor sentiment.

Trading activity also increased, with the ready market witnessing a volume of 1.032 billion shares worth Rs41.020 billion, compared with 579.945 million shares valued at Rs23.896 billion in the previous session.

The market capitalization rose to Rs20.021 trillion from Rs19.278 trillion a day earlier.

Out of 496 companies traded in the ready market, 409 companies recorded gains, 63 reported losses, and 24 remained unchanged, indicating widespread positive participation among investors.  

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