The bulls dominated the Pakistan Stock Exchange (PSX) on Friday as the benchmark KSE-100 Index surged 3,264.91 points to reach 159,997.78 during intra-day trading, marking a 2.08% gain.
The index remained in the green throughout the session. It hit an intra-day high of 160,024.57 points (+3,291.70) and a low of 158,195.54 points (+1,462.67).
A day earlier, PSX had extended its losing streak, with the KSE-100 dropping 1,732 points (-1.09%) to close at 156,733. The decline came amid weak investor sentiment caused by rising regional tensions following the breakdown of Islamabad–Kabul talks.
However, the market rebounded today as Pakistan and Afghanistan agreed to extend their ceasefire after talks in Istanbul. This development eased regional concerns and revived hopes for cross-border trade and stability, driving renewed buying interest across sectors.
The total traded volume for the KSE-100 Index stood at 152.59 million shares.
Top gainers during intra-day were:
Top losers included:
Banking, technology, and cement sectors led the rally. Major contributors included NBP (+3.74%), AKBL (+3.55%), HBL (+3.14%), PTC (+6.04%), and FCCL (+3.98%).
The overall market sentiment turned positive as investors welcomed the easing of geopolitical tensions and renewed optimism for economic stability.