The Pakistan Stock Exchange (PSX) rallied to a new all-time high, surging past the previous record of 61,691 and breaching 62,000 points.

After opening trade, the benchmark KSE-100 index went up by 1.4 percent or 851 points at 10:40 AM to a new high of 62,542. At 11:07 PM, it clocked in at 62,609, up 1.5 percent or 918 points.

At 11:20 AM, it jumped to 62,688, up by 1.62 percent or 997 points.

It settled at 62,493, up by 1.3 percent or 801 points.

The KMI 30 index gained 1,862 points settling at 106,093, while the KSE All share index inched up by 557 points to close at 41,602.

Overall, the market experienced robust activity, with a total trading volume of 732 million shares, amounting to a value of Rs. 31.6 billion.

The highest participation was witnessed in Worldcall Telecom Limited (PSX: WTL) with over 57 million shares traded, followed by Fauji Cement Company Limited (PSX: FCCL) and Oil and Gas Development Company Limited (PSX: OGDC). The scrips had 41.9 million shares and 23.8 million shares traded, respectively.

Top Volumes

SCRIP PRICE HIGH LOW CHANGE VOLUME

WTL 1.58 1.63 1.54 0.03 57,079,786

FCCL 20.16 20.27 19.12 1.21 41,984,500

OGDC 115.5 117.85 111.24 5.02 23,810,103

PPL 100.1 101.82 96.01 5.32 23,518,237

PRL 25.7 26.2 25.33 0.32 22,669,534

MLCF 41.75 43.05 41.71 -0.55 22,423,667

PTC 7.93 7.99 7.25 0.72 21,755,000

Source: Pro Pakistani