The Pakistan Stock Exchange continued its bullish momentum as the KSE-100 Index gained 1.52%, closing at 179,039 points. This rally was driven primarily by local institutional buying and renewed investor interest in the fertilizer sector, pushing the benchmark index to new highs.
Topline reports that investor activity focused on stocks like UBL, EFERT, ENGROH, PPL, OGDC, and FFC, which collectively added +1,663 points to the index. Trading volumes were strong, with a total of 1.1 billion shares exchanged, valued at Rs. 64 billion.
The most actively traded companies included BOP (Rs. 4.28 billion), PSO (Rs. 3.98 billion), PPL (Rs. 3.33 billion), OGDC (Rs. 3.24 billion), MARI (Rs. 3.16 billion), HUBC (Rs. 2.56 billion), and MEBL (Rs. 2.55 billion). Market participants noted that sustained buying from domestic investors is likely to maintain this upward momentum in the near term.
“Investor confidence in the fertilizer and energy sectors is contributing significantly to today’s market rally,” said a Topline market analyst.
