PSX starts last trading day of the week with notable gains

The Pakistan Stock Exchange (PSX) opened the final trading session of the week on a positive note, with the benchmark KSE-100 index showing significant early gains.

Within the first 30 minutes of trade on Friday, the index surged by 579.21 points to 147,108.51, supported by an initial trading volume of 3.57 million shares.

Market momentum picked up as the morning progressed, with the index climbing to an intraday high of 147,534.41 points at around 10:33 AM. This marked a gain of 1,005.11 points from the previous close, accompanied by a sharp rise in volume to over 52.47 million shares.

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This level remained the session’s peak until market activity was briefly suspended at around noon.

By 2:34 PM, during the “pre-open” phase, the KSE-100 index was up 646.48 points or 0.44 percent at 147,175.78. At this stage, the market had seen a day’s range between 146,562.78 and 147,534.41 points, with trading volume touching 94.70 million shares. The data reflected a robust one-year gain of 88.43 percent and a year-to-date rise of 27.84 percent.

Top movers in early trade

Several companies posted notable advances during the session. ANSM led the top gainers’ list with a 17.21 percent increase to Rs6.81, followed by SGPL, which rose 11.25 percent to Rs9.89. Other significant advancers included GUSM, GRYL, SANSM, and JUBS, all posting around 10 percent gains.

On the other hand, SASML was the biggest loser, falling 10 percent to Rs282.30, while ASLCPS and ASLPS recorded declines of 9.77 percent and 9.59 percent, respectively.

In the previous session on Wednesday, the KSE-100 had closed at 146,529.30 after shedding 476.02 points or 0.32 percent. The index had traded within a wide range of 1,474.45 points, touching an intraday high of 147,892.25 and a low of 146,417.80. Total traded volume stood at 298.88 million shares.

Friday’s early trade reflected improved investor sentiment as the index continued to hold near record highs, staying within striking distance of its 52-week peak of 147,976.98 points.

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