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The Pakistan Stock Exchange (PSX) witnessed a strong comeback today as the KSE-100 Index soared by 3,642 points, closing at 185,099, marking a 2% gain. This rally reflects renewed confidence from local institutional investors who actively drove buying in key sectors.
Topline Securities highlighted that heavyweights like OGDC, PPL, HUBC, ENGROH, FFC, UBL, and MEBL were the major contributors, together adding 1,725 points to the index. In terms of trading value, NBP ($22.78m), OGDC ($22.57m), PPL ($22.13m), PSO ($11.42m), and HUBC ($8.86m) dominated market activity.
Despite today’s surge, the week ended on a cautious note. On a weekly basis, the KSE-100 Index posted a modest 0.37% gain, down from last week’s 3% rise, largely due to lower inflows from local mutual funds amid geopolitical tensions involving the US and Iran.
Market analysts pointed out that key domestic indicators remained positive, supporting investor sentiment. Car sales in December 2025 rose 35% YoY, while Large Scale Manufacturing (LSM) Index grew 10.4% YoY in November. Additionally, yields on Pakistan Investment Bonds (PIBs) dropped 59–70 basis points across tenors, signaling expectations of a potential reduction in the policy rate in the upcoming monetary policy meeting.
Traded volume for the day stood at 956 million shares with a total value of Rs. 69.37 billion, reflecting active participation in select high-performing stocks. AHCL, KEL, PIBTL, MDTL, and NCPL were among the most actively traded scrips, with NCPL gaining Rs. 2.19 to close at Rs. 73.21.
This rebound indicates cautious optimism in the market as investors weigh domestic economic indicators against global uncertainties.
“Institutional buying has clearly returned to the market, and the strong performance of key blue-chip stocks reflects underlying confidence despite external pressures,” noted a senior analyst at Topline Securities.
