PSX Records Highest Single-Day Gains in Five Months Following Political Calm

The Pakistan Stock Exchange (PSX) experienced a significant surge on Monday as the KSE-100 index soared by 3,359 points, marking a 3.59% increase and closing at 97,969 points. This remarkable rebound followed a sharp decline just a day earlier.

The rally was driven by the easing of political tensions after protests in Islamabad were dispersed, restoring investor confidence. As of mid-day, trading volume reached 340 million shares, valued at Rs. 13.28 billion, with 320 companies posting gains and only 47 recording losses.

Top Performers:

• HASCOL: Rs. 12.86 (-0.73), Volume: 48.2M
• KEL: Rs. 4.98 (+0.33), Volume: 43.4M
• BOP: Rs. 7.27 (+0.42), Volume: 39.2M
• SSGC: Rs. 24.31 (+1.69), Volume: 15.0M
• HUBC: Rs. 109.4 (+4.9), Volume: 9.4M

The PSX's robust performance highlights the market's resilience, as investors eye economic stability amid a fluctuating political landscape.