PSX gains over 900 points as bullish trend continues

The Pakistan Stock Exchange (PSX) continued its positive trend on Wednesday, with the KSE-100 Index rising by 931.35 points to close at 187,832.08, a gain of 0.5%.

Investors were active across key sectors, including automobile assemblers, cement, fertilizers, oil and gas exploration companies, OMCs, and refineries. Major stocks like MARI, OGDC, SNGPL, WAFI, INDU, and LUCK traded in green, contributing to the overall market rise.

On Tuesday, the PSX also saw strong growth. The KSE-100 Index had gained 1,842.91 points or 1%, closing at 186,900.74, boosted by institutional buying and broad market participation. Rising turnover helped strengthen investor confidence across major sectors.

In other news, Pakistan and Kazakhstan signed 36 agreements and MOUs on Wednesday in areas like petroleum, mining, and maritime affairs. Prime Minister Shehbaz Sharif emphasized the need to increase bilateral trade between the two countries to one billion dollars.

Meanwhile, the Senate passed the Privatization Commission (Amendment) Bill, 2025 on Tuesday. The new law allows the prime minister to appoint or remove the chairman, secretary, and members of the Privatization Commission’s Board and set their terms.