After a brief dip in the previous session, bullish momentum returned to the Pakistan Stock Exchange (PSX) on Tuesday, with the benchmark KSE-100 Index surging by 1,619.05 points during intraday trade.
By 12:45 PM, the index stood at 139,836.63, reflecting a gain of 1.17%.
The rally was driven by strong buying interest across major sectors, including commercial banks, cement, oil and gas exploration, oil marketing companies (OMCs), power generation, and refineries. Key index movers trading in the green included MARI, OGDC, PPL, POL, PSO, SNGPL, HUBCO, MCB, and MEBL.
This recovery followed Monday’s choppy session, when the market closed in negative territory due to profit-taking by investors ahead of the month’s close. On that day, the KSE-100 Index declined by 379.78 points (0.27%), settling at 138,217.58.
Tuesday’s strong rebound reflects renewed investor confidence amid positive sectoral sentiment and continued interest in blue-chip stocks.
