KSE-100 index ends higher, gains 276 points in Karachi trading

Market participation remained robust, with total traded volume reaching 772 million.

KARACHI: The benchmark KSE-100 Index concluded trading session on a buoyant note, edging higher to close at 169,703 points, registering a gain of 276 points (+0.16%) a modest yet encouraging recovery amid an otherwise turbulent week dominated by geopolitical headwinds.

On the index contribution front, index heavyweights MEBL, MARI, ENGROH, UBL, and POL emerged as the primary drivers of upside momentum, collectively contributing 315 points to the benchmark’s gain, underscoring sustained institutional interest in blue-chip names across the energy and banking sectors.

Market participation remained robust, with total traded volume reaching 772 million shares and total traded value amounting to PKR 27.05 billion.

More read, Equities end lower as market swings reflect fragile sentiment

Earlier, the local bourse witnessed a volatile trading session today, as investors navigated sharp swings in market sentiment.

The benchmark index remained turbulent throughout the day, recording an intraday high of 399 points and an intraday low of 984 points, reflecting heightened uncertainty and cautious investor behavior.

Despite intermittent recovery attempts, sustained selling pressure across key sectors kept the market under strain, dragging the benchmark index to close at 169,427 level, down by 903 points or 0.53%.

The wide intraday range reflected a tug-of-war between cautious optimism and lingering concerns, with sentiment remaining fragile as participants assessed evolving macroeconomic cues while positioning ahead of key market triggers.