The Pakistan Stock Exchange (PSX) ended the week on a strong positive note as the benchmark KSE-100 Index posted a significant rally on Friday. The index closed at 185,098.83 points, recording a robust gain of 3,642.50 points, equivalent to an increase of 2.01%, amid strong buying interest in heavyweight sectors.

The benchmark sustained positive momentum throughout the trading session and remained in the green from open to close. The market reached an intraday high of 185,208.98 (+3,752.65 points), while the intraday low stood at 182,559.69 (+1,103.36 points), reflecting consistent investor participation and improved sentiment. The KSE-100 Index recorded a volume of 381.92 million shares, indicating healthy market activity.

Market breadth remained overwhelmingly positive, as 89 of the 100 index constituents closed higher, while 11 declined and none remained unchanged, marking one of the strongest breadth readings in recent sessions.

Leading the gainers’ board were major index names such as THALL (+10.00%), JVDC (+10.00%), OGDC (+6.75%), PPL (+5.96%), and PKGS (+5.57%), contributing to broad-based upside. Conversely, only a handful of stocks declined, including MEHT (-3.22%), KAPCO (-1.24%), UPFL (-1.20%), GADT (-1.05%), and PIOC (-0.92%).

Index-wise contributions demonstrated strong support from exploration, banking, and fertilizer sectors. Companies adding the most points included OGDC (+457.09 pts), PPL (+339.24 pts), HUBC (+219.60 pts), ENGROH (+187.38 pts), and FFC (+185.86 pts). On the other hand, minimal downside contributions were recorded from POL (-13.90 pts), PIOC (-13.20 pts), MEHT (-8.16 pts), KAPCO (-6.84 pts), and PSEL (-6.48 pts).

Sectoral analysis highlighted strong bullish leadership from Oil & Gas Exploration Companies (+886.47 pts), followed by Commercial Banks (+800.78 pts), Fertilizer (+345.51 pts), Power Generation & Distribution (+235.59 pts), and Investment Banks / Securities (+211.72 pts). Sector drag remained minimal, with minor pressure seen from Textile Spinning, Sugar & Allied, Woollen, Leasing Companies, and Vanaspati.

In the broader market, the All-Share Index closed at 111,509.34 points, gaining 2,327.02 points or 2.13%, reflecting strong activity beyond the benchmark as well. Total market volume surged to 959.53 million shares, up from 820.03 million in the previous session, while traded value rose sharply to Rs. 69.46 billion, marking an increase of Rs. 23.49 billion, indicating renewed investor appetite. A total of 451,058 trades were executed across 482 companies, of which 334 advanced, 117 declined, and 31 remained unchanged.

Turnover continued to concentrate in retail and mid-cap names, with top volume leaders including AHCL (72.96M shares), KEL (39.19M), PIBTL (36.20M), MDTL (34.72M), and NCPL (32.54M).

Despite recent volatility, the benchmark continues to reflect substantial upward momentum on a broader performance basis. The KSE-100 Index has gained 59,472 points (+47.34%) during the current fiscal year and remains up 11,045 points (+6.35%) on a year-to-date basis, demonstrating continued investor confidence in equities amid improving macroeconomic and corporate fundamentals.