The benchmark KSE-100 index surged by 4,695.09 points, a 4.96% increase, closing at 99,269.25 points compared to the previous day’s close of 94,574.16 points.
Trading volume reached 1.05 billion shares, slightly lower than the 1.11 billion shares traded the day before, with the total value of traded shares standing at Rs39.556 billion, down from Rs43.291 billion.
Out of 453 active scrips on the Pakistan Stock Exchange (PSX), 356 saw gains, 52 recorded losses, and 45 remained unchanged.
Analysts from Topline Securities credited the historic rally to a calming political climate after PTI called off its protest in Islamabad. They noted, “This marked a complete reversal from Tuesday’s turmoil, where the KSE-100 index plunged by 3,800 points. In a remarkable recovery, the index gained 4,975 points, surpassing the previous session’s losses.”
Market capitalization rose by Rs526 billion, making it the second-highest single-day increase in PSX history.
The top three traded companies were Bank of Punjab, with 114.96 million shares at Rs7.85 per share, Hascol Petroleum, with 106.28 million shares at Rs12.59 per share, and K-Electric Limited, with 91.2 million shares at Rs5.15 per share.
Unilever Pakistan Foods Limited saw the highest per-share gain, rising by Rs348.78 to close at Rs19,368.13, followed by Rafhan Maize Products Company Limited, which gained Rs175.25 to reach Rs7,988.75.
On the losing side, Rafhan Services Limited recorded the biggest decline, dropping Rs50.29 to Rs827.72, followed by Sapphire Textile Mills Limited, which fell Rs26.35 to close at Rs1,151.64.
