KSE-100 Soars Over 1,100 Points to New High on Wednesday Morning

The Pakistan Stock Exchange’s benchmark index, the KSE-100, saw significant gains by mid-morning on Wednesday, rising 1,105.24 points from its previous close. At 18:00pm, it stood at 188,005.97 points, up 0.59 percent from the preceding day’s closing level of 186,900.73 points.

Early trading volumes were robust at 60,056,650 shares, with a total value of 6,585,498,905 PKR. Among the top performers early in the day, K-Electric Limited led with a volume of 20,511,020, increasing by 1.09 percent to Rs7.43 per share; followed by First National Equities Limited, which rose 2.30 percent to Rs1.78 for its 12,313,997 shares traded.

On the other side of the market, Ghani Chemworld Limited saw a substantial gain of 5.37 percent to Rs23.94 for its 10,392,297 share volume. Notable advancers included Asim Textile Mills Limited at 10.02 percent to Rs20.32, Apna Microfinance Bank Limited rising 10.01 percent to Rs23.85, and East West Insurance Company Limited increasing 10.01 percent to Rs46.05.

Conversely, the most significant decliners were First Tri-Star Modaraba, which fell by 10 percent to Rs48.06; Nagina Cotton Mills Limited saw a substantial drop of 5.78 percent to Rs65.01; and Karam Ceramics Limited declined 5.53 percent to Rs157.

Overall, the market continued its upward trajectory with active trading in both advancing and declining stocks.