Karachi: In the last six months, the Pakistan Stock Exchange has observed a significant increase in market capitalization, according to the latest financial data. The Main Board Data, covering the period from May to October 2023, shows a consistent rise in listed capital, which started at approximately 1.6 trillion rupees in May and climbed to over 1.65 trillion rupees by October.

In May, the market capitalization stood at 6.27 trillion rupees, which saw a peak in July at over 7.23 trillion rupees before slightly retracting to 7.55 trillion rupees by the end of October. The turnover of shares in the ready market started at over 4 billion in May, followed by a drop in June, then reaching its highest at 8.4 billion in October. Meanwhile, the number of future contracts traded showed more volatility, with a high in October reaching approximately 2.53 million.

The KSE 100 Index, which is a benchmark index for the Pakistan Stock Exchange representing the top 100 companies based on market capitalization, reflected this growth. Starting at an index base of 41,330.560 in May, it surged to 51,920.270 by October. Correspondingly, the broader KSE All Share Index also followed this upward trend, starting at 27,703.240 and escalating to 34,558.220 within the same period.

This data provides a snapshot of the trading activity and the growth trajectory of the Pakistan Stock Exchange over the last half-year.