Pakistan stock market surges, recovers 163,000-point mark

Pakistan stock market surges, recovers 163,000-point mark

Business

The Pakistan Stock Exchange saw a strong rally on Wednesday, with the benchmark KSE-100 index rebounding to 163,188 points, driven by positive trading sentiment and high investor activity.

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KARACHI (Dunya News) – The Pakistan Stock Exchange enjoyed another day of upward momentum on Wednesday, bringing the benchmark KSE-100 index back above the 163,000-point mark.

The index climbed 1,496 points to close at 163,188 points, recovering from a 291-point dip recorded at the end of the previous trading day. Analysts say the market’s upbeat trend reflects renewed investor confidence and buying interest.

A total of 234.7 million shares worth Rs 21.63 billion changed hands during the day, showing heavy trading activity across sectors. Market experts believe positive sentiment could keep the momentum going if domestic and global cues remain favorable.

Investors are keeping a close eye on key sectors as optimism continues to drive market gains, with buyers stepping in to snap up promising stocks.