Pakistan Stock Exchange (PSX) witnessed another remarkable trading day, reaching an all-time high of over 80,000 points during Wednesday’s morning session. The benchmark KSE-100 index swiftly climbed by nearly 800 points, reflecting strong bullish sentiment.
This spike was fueled by growing optimism surrounding a potential new loan agreement with the International Monetary Fund (IMF) and ongoing dividend payouts. The index closed at 80,223.97, marking a substantial gain of 671.09 points or 0.84 percent from the previous day’s close, where it had already breached the historic 79,000 mark.
Throughout the trading day, the KSE-100 index saw continuous upward momentum, accompanied by increased trading volume compared to the previous session. Key sectors such as cement, chemicals, banks, fertilizers, oil and gas explorers, OMCs, and pharmaceuticals witnessed widespread buying. Leading stocks like PSO, SHEL, SNGPL, OGDC, PPL, POL, HBL, NBP, and MCB ended the day in positive territory.
Finance Minister Muhammad Aurangzeb highlighted significant progress in meeting prior actions for the IMF loan program, emphasizing the forthcoming deal as pivotal for implementing essential structural reforms aimed at revitalizing Pakistan’s economy.
Trading statistics revealed a notable uptick, with the all-share index’s trading volume increasing to 413.15 million shares and the traded value rising to Rs16.6 billion, underscoring robust market activity. WorldCall Telecom emerged as the most traded stock with 23.8 million shares, followed closely by K-Electric Limited and National BankXD.
Overall, out of 431 companies traded, 246 saw gains, 128 experienced declines, while 57 remained unchanged, reflecting broad-based market participation and positive investor sentiment amid economic restructuring efforts.
 witnessed another remarkable trading day, reaching an all-time high of over 80,000 points during Wednesday's morning session. The benchmark KSE-100 index swiftly climbed by nearly 800 points, reflecting strong bullish sentiment.){kind=link}