Pakistan Stock Exchange (PSX) staged a strong recovery on Wednesday as the benchmark KSE-100 Index surged more than 5,700 points, signaling renewed investor confidence. The index gained 5,702 points (3.29%) to close at 178,853, after briefly touching an intraday high of 178,974.
Market activity remained robust, with 424.9 million shares traded and total turnover reaching Rs. 42.3 billion. Out of 566 listed companies that traded, 334 recorded gains, 103 declined, while 129 remained unchanged, reflecting broad-based positive momentum across sectors.
Among the most actively traded stocks were K-Electric (KEL), Bank of Punjab (BOP), Pakistan Petroleum Limited (PPL), Pakistan Telecommunication Company (PTC), and National Bank of Pakistan (NBP). Banking, energy, and telecom stocks contributed significantly to the rally.
| Scrip | Price (Rs) | High (Rs) | Low (Rs) | Change (Rs) | Volume |
|---|---|---|---|---|---|
| KEL | 8.39 | 8.56 | 7.96 | +0.57 | 116,966,066 |
| BOP | 35.78 | 36.39 | 34.15 | +1.66 | 71,110,229 |
| PPL | 236.86 | 238.90 | 231.15 | +1.92 | 27,579,038 |
| PTC | 58.49 | 58.52 | 52.52 | +5.29 | 25,472,990 |
| EPQL | 25.26 | 26.50 | 24.92 | −2.43 | 23,898,770 |
| CNERGY | 7.54 | 7.68 | 7.47 | +0.07 | 23,735,701 |
| NBP | 267.64 | 269.80 | 249.50 | +21.42 | 21,668,608 |
Analysts said the sharp rebound indicates improving sentiment and bargain hunting after recent volatility. The strong participation and widespread gains suggest investors are re-entering the market amid expectations of economic and corporate stability.
The PSX has experienced fluctuations in recent weeks due to macroeconomic uncertainty and global market pressures. Large single-day gains of over 3% typically signal renewed institutional buying and confidence returning to equities. Broad participation across sectors often reflects improving market outlook and liquidity conditions.
