The Pakistan Stock Exchange (PSX) made history on Wednesday, with the KSE-100 Index closing at an all-time high of 157,020 points, up by 457 points (+0.29%).
The session began with intense volatility, as bulls and bears battled for control.
The benchmark index swung between an intraday high of 915 points and a low of 484 points before the bulls ultimately prevailed by the closing bell.
According to a report by Topline Securities, investor confidence remained strong, with market heavyweights attracting robust flows.
Key positive contributors included EFERT, PPL, BAHL, LCI, and MARI, which collectively added 363 points.
However, ENGROH, UBL, HBL, FFC, and MEBL together dragged the index down by 316 points.
Investor enthusiasm was further boosted by the book-building of IMAGE REIT, which was fully subscribed within just 90 minutes, reaching 1.15 times subscription — underscoring strong demand in the capital market.
On the corporate front, Interloop Limited (ILP) announced its FY25 results, reporting earnings per share of Rs3.96 along with a cash dividend of Rs1 per share, exceeding market expectations.
Trading activity was buoyant, with 993 million shares changing hands and a traded value of Rs52.6 billion. WorldCall Telecom (WTL) led the volumes chart with 75.5 million shares traded.
