By Sabica Tahira ⏐ 1 day ago ⏐ Newspaper Icon 2 min read
Psx Extends Buying Rally As Kse 100 Gains Over 1400 Points

The Pakistan Stock Exchange (PSX) continued its record-breaking rally, with the KSE-100 Index crossing the 185,000 mark for the first time on Tuesday. Strong buying in banks, energy, cement, and fertiliser sectors drove widespread gains, extending the market’s upward momentum from the start of the year.

The benchmark KSE-100 Index closed at 185,062.10 points, up 2,653.87 points (1.45%) from Monday’s close of 182,408.23. Intraday, the index touched a high of 185,254.47 around 1:30 pm, reflecting robust investor confidence.

Leading gains were seen in automobile assemblers, cement, commercial banks, fertiliser, oil and gas exploration, power generation, and refineries. Heavyweight stocks including ARL, HUBCO, MARI, POL, PSO, SNGPL, SSGC, HBL, MCB, MEBL, NBP, and UBL traded in positive territory, further boosting the index.

The rally follows Monday’s strong performance, when the benchmark surged 3,373 points (1.88%), led by local institutional investors, particularly mutual funds.

The PSX rally was also supported by strong global equities. Asian markets extended gains after Wall Street hit record highs, with Japan’s Topix rising 1.3% and Hong Kong’s Hang Seng up 0.7%. China’s blue chips advanced 0.3% and Australia’s benchmark index gained 1%. US S&P 500 futures rose 0.1%, driven by strong oil and financial stocks.

Experts note that local investor confidence, combined with supportive global trends, is helping maintain the upward momentum in Pakistan’s stock market.

The KSE-100 Index has been on a record-setting run since the start of 2026, reflecting renewed interest from domestic investors and institutional funds. The rally comes amid improving macroeconomic indicators and optimism in the corporate and financial sectors.