KSE-100 witnessed a notable recovery driven by value-hunting activities, as investors selectively picked stocks, propelling the benchmark index above the 65,000 level on Thursday.
Throughout the week, the KSE-100 had been grappling with downward pressure, witnessing a cumulative decline of over 1,700 points on Tuesday and Wednesday. However, this downturn sparked buying interest among investors during today’s trading session.
By the market close on Thursday, the KSE-100 surged to 65,064.26, marking a remarkable increase of 1,015.82 points or 1.59%.
The resurgence in buying interest was particularly notable in the auto and refineries sectors, while cement and food sectors also attracted attention.
