A day after a lackluster session, the bulls made a strong comeback at the Pakistan Stock Exchange (PSX) on Thursday, with the benchmark KSE-100 Index surging over 1,300 points during intra-day trading.
By 3pm, the index stood at 157,542.03, reflecting an increase of 1,364.22 points, or 0.87%.
Strong buying interest was seen across key sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration companies, oil marketing companies, refineries, and power generation.
Major stocks such as HUBCO, ARL, MARI, OGDC, POL, PPL, PSO, SSGC, HBL, MEBL, MCB, and UBL all traded in positive territory.
In contrast, Wednesday’s trading session was characterized by active yet cautious participation, with the KSE-100 Index closing nearly flat, down just 3.12 points at 156,177.82.
