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PSX surges over 1,700 Points following saudi defence pact boosts Investor sentiment

KARACHI: The Pakistan Stock Exchange (PSX) experienced a significant rally on Thursday, with the KSE-100 index soaring by approximately 1,776 points, a rise of 1.14%, closing at 157,953.47 points compared to the previous day’s 156,177.82 points.

Trading activity was lively, with nearly 2 billion shares changing hands—specifically, 1,959 million shares valued at Rs.56.93 billion—up from 1.5 billion shares valued at Rs.48.85 billion recorded on the previous day. A total of 485 companies participated in trading; out of these, 332 stocks advanced, 124 declined, and 29 remained unchanged.