PSX Maintains Bullish Momentum as KSE-100 Index Rises Over 170 Points

The Pakistan Stock Exchange (PSX) sustained its bullish trend on Monday, with the benchmark KSE-100 Index adding 172.77 points to close at 139,380.05, up from the previous session’s close of 139,207.28.

The market opened on a positive note and surged to an intraday high of 140,149.23 points. However, profit-taking in the latter half of the session triggered selling pressure, limiting further gains. Despite this, the index still ended the day in the green.

Trading volume witnessed a significant decline, with 213.73 million shares changing hands compared to 634.81 million shares in the previous session. The total value of traded shares also fell slightly to Rs 23.63 billion, down from Rs 24.61 billion.

A total of 483 companies were active in the session, out of which 251 posted gains, 205 recorded losses, and 27 remained unchanged.

Positive activity was seen across key sectors, including automobile assemblers, commercial banks, oil and gas exploration companies, oil marketing companies (OMCs), and refineries. Major index movers such as Pakistan Refinery Limited (PRL), Attock Refinery Limited (ARL), Mari Petroleum (MARI), Oil and Gas Development Company (OGDC), Pakistan Petroleum Limited (PPL), Pakistan Oilfields Limited (POL), Pakistan State Oil (PSO), Sui Southern Gas Company (SSGC), and Sui Northern Gas Pipelines Limited (SNGPL) all traded positively, supporting the market’s upward trajectory.

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