The Pakistan Stock Exchange (PSX) continued its bullish momentum for the fourth consecutive session on Thursday, with the benchmark KSE-100 Index gaining 3,666 points, or 1.96%, to close at 175,380 points.
The rally reflected improving investor confidence amid easing geopolitical tensions, declining international oil prices and hopes for greater global economic stability following developments in the US midterm elections. Strong buying was recorded across commercial banks, cement, automobile assemblers, oil and gas exploration companies, and oil marketing companies.
During the session, the KSE-100 Index reached an intraday high of 176,605 points before profit-taking limited further gains. UBL, LUCK, MEBL, SYS and ENGROH were among the leading contributors, collectively adding around 1,293 points to the benchmark index.
Trading activity remained strong, with regular-market volumes exceeding 999.8 million shares and total traded value reaching approximately Rs. 46.1 billion.
