PSX Posts Highest Ever Single Day Gains in 5 Months Amid Market Optimism

Islamabad, Nov 27: The KSE-100 index soared by over 3,300 points during the first hour of trading, rebounding from its steepest single-day decline recorded just a day earlier.

This bullish rally followed the resolution of protests in Islamabad after law enforcement dispersed crowds in the Red Zone last night.

By mid-morning, the KSE-100 index climbed by 3,359 points (3.59%) to 97,969, before settling slightly at 97,845 points (3.46%).

The exchange saw robust activity with 340.18 million shares traded, valued at Rs. 13.28 billion. Out of 384 companies, 320 recorded gains, 47 saw losses, and 17 remained unchanged.

Top Trading Volumes

• HASCOL: 48.20M shares, price down by Rs. 0.73 to Rs. 12.86.
• KEL: 43.48M shares, up by Rs. 0.33 to Rs. 4.98.
• BOP: 39.26M shares, up by Rs. 0.42 to Rs. 7.27.
• SSGC: 15.05M shares, up by Rs. 1.69 to Rs. 24.31.
• FFL: 11.40M shares, up by Rs. 0.40 to Rs. 12.26.
• WTL: 11.27M shares, up by Rs. 0.07 to Rs. 1.36.
• HUBC: 9.50M shares, up by Rs. 4.9 to Rs. 109.4.