Overview
- The benchmark index rose 931.34 points, or 0.50%, finishing at 187,832.08 after trading between 188,312 and 187,019 during a volatile session.
- Ready market volume surged to 1.195 billion shares from 848.56 million, while traded value fell to Rs44.10 billion, pointing to heavier activity in lower-priced names.
- Gains in Meezan Bank, Engro Holdings, National Bank, United Bank and Habib Metropolitan Bank contributed about 740 points, offset by a 149-point drag from Systems, Engro Fertilisers and Pakistan Petroleum.
- K-Electric dominated turnover with roughly 590.9 million shares as market capitalization increased to about Rs21.278 trillion and market breadth showed 246 gainers, 188 decliners and 49 unchanged.
- Corporate updates underpinned sentiment, including Interloop’s near threefold YoY half-year profit to Rs5.90 billion, while brokers noted persistent intraday swings despite the positive close.