PSX gains over 800 points as market rally continues

The Pakistan Stock Exchange (PSX) continued its positive performance on Friday, with the benchmark KSE-100 Index gaining more than 800 points.

At the end of trading, the KSE-100 Index closed at 185,372.20, up 851.24 points, or 0.46%.

The market moved higher because of strong buying in major sectors, including commercial banks, fertilizer, chemicals, oil and gas exploration, oil marketing companies (OMCs), power generation, and refineries.

Shares of leading companies such as HUBCO, Mari Energies, OGDC, PPL, POL, PSO, NBP, and UBL also recorded gains, helping the index move higher.

The market’s strong performance followed another positive session on Thursday, when investor confidence improved due to easing tensions between the United States and Iran and lower global oil prices.

However, some investors sold shares to book profits near the end of Thursday’s trading, which reduced some of the day’s gains. The KSE-100 Index had closed Thursday at 184,520.96, up 470.86 points, or 0.26%.

The market continued to rise despite new data from the Pakistan Bureau of Statistics (PBS), which showed that Pakistan’s trade deficit increased by 21.57% to $39.47 billion in the 2025-26 fiscal year. The increase was mainly due to higher imports and lower exports.