Author: admin

Pakistan Stock Exchange (PSX) displays record-setting rally as it appears well-poised for a vibrant 2026, underpinned by improving sentiment and sustained liquidity, as it continued its record-setting momentum on Tuesday.

The market began the session on a strong footing, swiftly scaling an intra-day high of 174,805.16 in early trading. However, profit-taking then triggered a mid-morning correction, pulling the index down to an intra-day low of 174,121.42. Subsequently, sentiment stabilised, with the market moving within a narrow band and posting a gradual recovery through the afternoon session.

The benchmark index maintained its position in positive territory throughout the session, reflecting resilient investor confidence. The rally was primarily supported by energy, banking, and power stocks, with impressive contribution to the market’s advance, while fertilisers and cements faced mild pressure amid selective profit-taking. Overall, the broader trend stayed positive, driven by sector rotation rather than broad-based selling.

Read: Islamic debt market deepens as Pakistan posts biggest-ever Sukuk issuance

Subsequently, the benchmark KSE-100 index closed at a fresh all-time high of 174,472.80, rising by 576.45 points, 0.33%.

In its market wrap, KTrade Securities wrote that PSX extended its record-setting momentum, with the KSE-100 index closing at a fresh all-time high of 174,472 points, gaining 576 points (+0.33% DoD). The broader trend remained positive, supported by sector rotation and selective profit-taking rather than broad-based selling.

Gains were led by energy, banking, and power stocks, providing the backbone to the market’s upward move, while fertilizers and cements faced mild pressure. Strong buying interest was observed in Oil and Gas Development Company, United Bank, Pakistan Petroleum, Pakistan State Oil, Hub Power, Meezan Bank, and Attock Refinery, whereas Fauji Fertiliser, Engro Fertilisers, DG Khan Cement, Fauji Cement, and Maple Leafe Cement weighed on the index, it mentioned.

Market participation stayed healthy despite minor intra-day volatility, with all-share volumes clocking in at 842 million shares, reflecting sustained liquidity and investor confidence.

KTrade predicted the outlook to remain constructive, supported by improving macro fundamentals and continued sector-wise interest.

Overall trading volume decreased to 851 million against Monday’s tally of 858 million. Value of traded shares stood at Rs44.9 billion. Shares of 479 companies were traded. Of these, 282 closed higher, 158 fell, and 39 remained unchanged. Trust Brokerage was the volume leader with trading in 57.5 million shares, rising Rs0.63 to close at Rs3.99.