The Pakistan Stock Exchange (PSX) delivered a robust performance on Monday as the benchmark KSE-100 Index surged by 1,536.70 points or 1.34%, closing at 116,390.03. The rally reflects strong investor sentiment, particularly in key sectors like commercial banking and cement, following a period of market consolidation.
Throughout the trading day, the index maintained a positive trajectory, reaching an intraday high of 116,494.19—up 1,640.86 points—and dipping only slightly to an intraday low of 115,246.20, still showing a respectable 392.87-point increase. The total volume traded for the KSE-100 Index stood at an impressive 273.77 million shares, reflecting renewed market confidence.
Investor activity remained broad-based, with 64 of the 100 index-listed companies closing in the green, while 34 declined and two remained unchanged. Among the top gainers were Pakistan Stock Exchange Limited (PSX) with a notable rise of 9.04%, United Bank Limited (UBL) up 7.00%, and TPL General Insurance (TGL) gaining 6.42%. Other notable performers included GADT (+6.08%) and NPL (+5.74%).
On the flip side, some key stocks saw declines. IBFL led the losers’ board, shedding 2.42%, followed by MARI (-2.05%), Honda Atlas Cars (HCAR) down 1.35%, Fauji Fertilizer Company (FFC) slipping 1.13%, and POML losing 1.08%.
In terms of index contribution, the biggest lift came from UBL, which added a remarkable 508.70 points to the index. Other strong contributors included Lucky Cement (LUCK) with 250.32 points, Hub Power Company (HUBC) with 190.91 points, Engro Corporation Holdings (ENGROH) adding 143.13 points, and EFERT with 84.73 points.
Meanwhile, some companies exerted downward pressure on the index. FFC and MARI were the largest draggers, shaving off 112.55 and 112.08 points respectively. MCB, Systems Limited (SYS), and Pakistan State Oil (PSO) also contributed to the modest pullbacks.
Sector-wise, Commercial Banks led the rally, contributing a massive 668.05 points to the index. Cement followed closely with 321.41 points, and Power Generation & Distribution added 200.25 points. Other supportive sectors included Investment Banks/Securities (+181.70 points) and Pharmaceuticals (+82.35 points).
Conversely, Oil & Gas Exploration companies pulled back slightly (-65.81 points), alongside the Fertilizer sector (-26.89 points), Oil & Gas Marketing (-21.00 points), Synthetic & Rayon (-4.50 points), and Tobacco (-2.54 points).
The broader market also showed strength. The All-Share Index closed at 72,781.15, recording a gain of 707.46 points or 0.98%. Total market volume increased to 484.55 million shares from the previous session’s 458.59 million, while the traded value stood at Rs27.43 billion—a slight decline of Rs4.20 billion from the previous trading day.
In total, 289,871 trades were executed across 455 companies. Out of these, 247 closed higher, 145 lower, and 63 remained unchanged—signaling a bullish breadth.
Among the top ten by volume, CNERGY led with over 55 million shares traded, followed by PIBTL (45.2 million), SSGC (31.8 million), and BOP (27.3 million). Other high-volume names included PAEL, DCL, KEL, WTL, PSX, and HUBC.
With today’s gains, the KSE-100 Index has surged 37,945 points or 48.37% in the current fiscal year. In calendar year terms, the index has risen by 1,263 points or 1.10% so far—showing resilience in the face of macroeconomic challenges.