Pakistan Stock Market Reclaims 171,000-Point Level After Strong Rebound
• KSE-100 Index gains 984 points in Thursday’s session
• Benchmark index closes at 171,175 points
• Market recovers after previous day’s 831-point decline
Pakistan’s stock market staged a strong recovery on Thursday, with the benchmark KSE-100 Index reclaiming the 171,000-point level as investor confidence returned and buying activity accelerated across the market.
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The benchmark index opened the session on a positive note and quickly gained momentum, rising by more than 1,000 points during early trading to touch an intraday high of 171,271 points.
The bullish trend continued throughout the day, supported by broad-based buying across various sectors and renewed investor interest ahead of key economic developments.
By the end of trading, the KSE-100 Index settled at 171,175 points, posting a gain of 984 points compared to the previous session.
The rebound came after a weak performance on Wednesday, when the benchmark index had fallen by 831 points to close at 170,190 points amid profit-taking and cautious investor sentiment.
Market participants viewed Thursday’s recovery as a sign of renewed confidence, with investors returning to the market after the previous session’s losses.
Analysts noted that positive sentiment was supported by expectations surrounding upcoming economic announcements and growing optimism ahead of the federal budget for the next fiscal year.
