The Pakistan Stock Exchange (PSX) maintained its bullish momentum for a second straight day on Tuesday, as the benchmark KSE-100 index climbed 641.87 points (0.47%) to reach 137,144.40 during intra-day trading.
The market recorded an intraday high of 137,727.63 and a low of 136,498.16, indicating steady investor confidence. Tuesday’s advance follows a strong close on Monday, highlighting continued buying interest across sectors
Trading volume stood at 118 million shares, with the total value of traded securities amounting to Rs. 8.92 billion. Monday’s closing level was 136,502.53.
Market analysts linked the ongoing rally to an improved corporate earnings outlook and optimistic signals from regional markets.
Earlier Session Recap:
On Monday, the PSX broke past the 136,000 mark amid encouraging macroeconomic indicators and rising institutional interest. The KSE-100 index surged by 2,202.77 points, or 1.64%, closing at 136,502.54.
The market began on a positive note and maintained its upward trajectory throughout the day, peaking at 136,841 just before the session ended.
Banking stocks drove the gains, with UBL, HBL, Fauji Fertiliser Company, Bank AL Habib, and MCB Bank jointly contributing 1,443 points to the index.
In its report, Arif Habib Limited (AHL) described Monday’s trading as a robust start to the week, with the index clearing the 136,000 barrier on strong day-on-day growth.
Out of the index constituents, 62 stocks gained while 36 declined. Major contributors included UBL (+5.45%), HBL (+9.43%), and Fauji Fertiliser (+1.67%). On the downside, Pakistan Petroleum (-0.69%), PSO (-0.91%), and National Foods (-2.47%) pulled the index slightly lower.
Read more: Geopolitical Tensions Drag PSX Down Nearly 900 Points
