The Pakistan Stock Exchange (PSX) reached an unprecedented high, surpassing the previous record of 61,691 and breaching the 62,000-point mark. The benchmark KSE-100 index demonstrated a remarkable surge, increasing by 1.4 percent or 851 points within the initial moments of trade, hitting a new high at 62,542.
The momentum continued, with the index rising to 62,609, up by 1.5 percent or 918 points at 11:07 AM, and further spiking to 62,688 at 11:20 AM, reflecting a 1.62 percent increase or 997 points.
In the first two hours of trading, the market witnessed robust activity, recording a total trading volume of 275 million shares valued at Rs. 13.1 billion. Notable participation was observed in Worldcall Telecom Limited (PSX: WTL) with over 18.2 million shares traded, followed by Fauji Cement Company Limited (PSX: FCCL) and Oil and Gas Development Company Limited (PSX: OGDC) with 17.3 million and 14.8 million shares traded, respectively.
Top Volumes
| SCRIP | PRICE | HIGH | LOW | CHANGE | VOLUME |
| WTL | 1.56 | 1.59 | 1.55 | 0.02 | 18,280,976 |
| FCCL | 19.8 | 20.25 | 19.12 | 0.94 | 17,291,500 |
| OGDC | 116.4 | 117.6 | 111.24 | 6.03 | 14,853,433 |
| PRL | 25.8 | 26.2 | 25.33 | 0.48 | 13,193,489 |
| PPL | 99.72 | 100.76 | 96.01 | 5.0 | 11,667,020 |
| SSGC | 12.65 | 12.81 | 12.3 | 0.39 | 11,242,530 |
| PAEL | 18.97 | 19.75 | 18.8 | 9,339,934 |
This is an intraday market update.
