PSX rebounds as KSE-100 Index gains nearly 1,400 points

The Pakistan Stock Exchange (PSX) bounced back on Tuesday after suffering heavy losses a day earlier.

At the close of trading, the benchmark KSE-100 Index rose by 1,376.86 points, or 0.81%, to settle at 170,330.56.

Strong buying activity was seen in several major sectors, including automobile companies, cement, commercial banks, fertilizer, oil and gas exploration, and oil marketing firms.

Major stocks such as MARI, OGDC, PPL, POL, HUBCO, and KML ended the day in positive territory, helping the market recover.

The rebound came after Monday’s decline, when rising tensions between Iran and Israel and uncertainty over diplomatic efforts negatively affected investor confidence.

During that session, the KSE-100 Index fell below the 170,000-point level for the first time since May 22, 2026, closing at 168,953.71 points.

Meanwhile, the federal government is considering delaying the presentation of the 2026–27 budget from June 10 to June 12. A final decision is expected soon.

Speaking at Parliament House, Planning Minister Ahsan Iqbal said that several budget-related matters are still being finalized, which has led to discussions about changing the presentation date.