Overview
- The KSE-100 closed up 641 points at 165,417 following a session that swung between a low near 164,060 and a high around 165,629.
- Market participants stepped in around that support zone and bought into weakness, turning a mid-day slump into steady afternoon momentum.
- The gain, which occurred on Wednesday, reversed Tuesday’s roughly 348-point decline and reflected short-term technical buying rather than a clear fundamental trigger.
- Regional market moves in AI-linked chip stocks provided modest support while higher oil prices and Houthi attacks on Saudi targets limited upside by keeping sentiment cautious.
- Trading activity rose sharply with larger volumes and more advancing stocks, a sign that more investors returned to the market but that broader downward pressures from recent weeks remain in place.