Pakistan’s benchmark stock index, the KSE-100, was trading in the green, up 4,725.06 points to 156,698.05 points by 1:28pm on Tuesday, following the largest single-session decline in the bourse’s history on Monday.
This 3.11 per cent increase marks a significant rebound from yesterday’s drop of more than 16,000 points.
This upward momentum followed early volatility, with the benchmark slipping 700 points into the red at 9:16am.
So far, trading volumes have remained robust at 112,224,609 shares, with a total value of Rs8,762,351,732. However, the index continued to reflect the volatility seen in the previous session, swinging between an intraday low of 151,258.85 points and a high of 157,186.68.
The most actively traded stocks were led by K-Electric Limited, which climbed 7.76pc to Rs7.22 on a volume of 65,804,820 shares. It was followed by Worldcall Telecom Limited, up 8.04pc to Rs1.21 with 49,274,265 shares traded, while Pak Elektron Limited declined 9.92pc to Rs38.95 on a volume of 37,297,035 shares.
Investors are now watching to see whether volatility persists amid geopolitical uncertainty. In particular, the assassination of Ali Khamenei, Iran’s supreme leader, in airstrikes by the United States and Israel has destabilised the Middle East, triggered a rout in global equity markets, and fuelled a surge in oil and gas prices.
The developments have heightened fears of supply disruptions as Tehran retaliates.
Topline Research noted that given the evolving nature of the conflict and the involvement of multiple countries, volatility may continue until the situation stabilises.
