The Pakistan Stock Exchange benchmark KSE-100 Index surged more than 1,200 points on Friday, marking a decisive return of buying interest to the market after a period of sustained selling pressure.
The index traded around 176,800, effectively wiping out recent losses and signaling a shift in sentiment among local investors.
The rally represents a significant intraday reversal, with the index hovering near 176,782 at one point during the session.
This move suggests that the previous downward momentum has been arrested, at least in the short term, as traders re-entered the market.
The breadth of the gain indicates broad-based participation rather than a narrow sector-specific bounce.
This development follows a volatile period for the KSE-100, which had been under pressure from macroeconomic uncertainties and global risk-off flows.