The Pakistan Stock Exchange (PSX) staged a strong recovery on Tuesday as renewed buying in heavyweight sectors and improving investor sentiment helped the benchmark KSE-100 Index recover most of the previous session's losses. Easing geopolitical concerns, relatively stable international oil prices, and optimism surrounding Pakistan's economic outlook encouraged investors to return to equities.
The KSE-100 Index settled at 180,301.70, advancing by 1,886.91 points (+1.06%). The benchmark remained in positive territory throughout the session, reaching an intraday high of 180,150.41 (+1,735.62 points) while touching a low of 179,020.10 (+605.31 points), reflecting sustained buying interest across the market.
Market sentiment improved as investors responded positively to signs that diplomatic efforts in the Middle East could help reduce regional tensions. At the same time, relatively stable international oil prices eased concerns regarding energy markets and supported confidence in Pakistan's economic outlook.
The positive sentiment was further reinforced by expectations of continued economic reforms and stronger corporate earnings, leading to broad-based buying across fertilizer, banking, cement, power generation, and investment-related stocks.
Trading activity remained healthy, with total volume in KSE-100 stocks recorded at 296.02 million shares.
Market breadth was firmly positive, with 66 companies closing higher while 34 declined, reflecting widespread buying across the benchmark index.
Among the top gainers, PSX surged 10.01%, followed by TPLRF1 (+7.00%), PIOC (+4.94%), PIBTL (+4.43%), and SSGC (+4.05%). On the downside, MEHT (-2.49%), ATRL (-2.28%), ISL (-2.01%), MUREB (-1.62%), and PSO (-1.23%) emerged among the day's weakest performers.
In terms of index-point contribution, FFC provided the largest boost to the benchmark by contributing 579.75 points. Other major positive contributors included HUBC (+204.09 points), UBL (+149.55 points), ENGROH (+148.21 points), and MARI (+124.43 points).
Meanwhile, PPL (-43.77 points), PSO (-35.05 points), ATRL (-29.54 points), SYS (-26.58 points), and NBP (-22.47 points) limited the overall advance.
Sector-wise, Fertilizer led the market by contributing 610.81 points to the benchmark, followed by Commercial Banks (+406.50 points), Cement (+251.36 points), Investment Banks, Investment Companies & Securities Companies (+230.43 points), and Power Generation & Distribution (+211.69 points).
On the other hand, Refinery (-25.70 points), Textile Composite (-21.95 points), Technology & Communication (-15.82 points), Engineering (-10.05 points), and Insurance (-4.50 points) exerted modest downward pressure on the index.
In the broader market, the All-Share Index settled at 108,938.83, gaining 959.02 points (+0.89%). Overall market activity remained healthy, although trading volumes moderated compared to the previous session. Total market volume declined to 703.69 million shares from 869.38 million shares, while traded value stood at Rs38.81 billion.
A total of 389,055 trades were reported across 492 listed companies. Of these, 301 companies advanced, 162 declined, and 29 remained unchanged, highlighting a broadly positive session across the wider market.
Top volume leaders included PIBTL (58.25 million shares), KOSM (38.74 million shares), PSX (24.06 million shares), PIAHCLA (22.77 million shares), and HASCOLNC (22.59 million shares).
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