The Pakistan Stock Exchange (PSX) witnessed a strong bullish trend on Tuesday, with the benchmark KSE-100 Index gaining more than 4,800 points during intraday trading amid renewed investor confidence and geopolitical speculation.
The index rose by 4,862 points, or 2.94 percent, reaching 170,497 points compared to 165,634 points in the previous trading session.
Market sentiment improved sharply following reports suggesting that Pakistan could be considered as a potential venue for the next phase of US-Iran discussions. Investors reacted positively to remarks attributed to former US President Donald Trump, indicating a possible preference for Pakistan in facilitating diplomatic engagements.
At 1:30 PM, the PSX remained strongly in the green, up 4,364 points at 169,998 points, reflecting sustained buying momentum throughout the session.
Trading activity remained robust, with 731 million shares exchanged and the total traded value recorded at Rs. 38.6 billion.
A total of 565 companies participated in trading, with 410 closing in positive territory, 61 declining, and 94 remaining unchanged.
Among the most actively traded stocks were K-Electric (KEL), WorldCall Telecom (WTL), Bank of Punjab (BOP), and Pakistan Aluminium (PAEL), contributing significantly to overall market volume.
Top volume leaders included KEL, WTL, BOP, TSBL, PAEL, SSGC, and FNEL, as investor interest remained concentrated in high-volume stocks across the energy, banking, and telecom sectors.
The rally marks one of the strongest single-day gains for the PSX in recent weeks, driven by a combination of political developments and improving investor sentiment.
