The Pakistan Stock Exchange experienced a buying surge on Thursday, with the benchmark KSE-100 index rising by nearly 400 points.

Throughout the day, the KSE-100 saw consistent buying activity, reaching an intra-day peak of 114,202.14—an increase of about 860 points compared to the previous session.

At the end of the trading day, the index closed at 113,739.16, marking an increase of 396.72 points, or 0.35%.

According to brokerage firm Topline Securities, “The KSE-100 Index demonstrated a positive trend, supported by strong financial results.”

The recent rise in the KSE-100 Index was largely influenced by key stocks including CHCC, FCCL, PIOC, DGKC, and MCB, which collectively contributed 353 points to the overall gain.

On Wednesday, the positive trend continued at the Pakistan Stock Exchange, with the KSE-100 closing at 113,342.44, an increase of 253.96 points or 0.22%.

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But on the global stage, Asian markets experienced a sharp decline on Thursday, following erratic trading on Wall Street and a drop in European stocks. Concerns over US President Donald Trump’s tariff proposals and a cautious outlook from Federal Reserve officials dampened risk appetite.

The risk-averse sentiment pushed gold prices to an all-time high, while safe-haven currencies, particularly the Japanese yen, strengthened amid geopolitical tensions.