Banks, energy, cement and auto stocks spearheaded gains as investor confidence strengthened.
The Pakistan Stock Exchange (PSX) opened the week with robust advances on Monday, as strong demand across banking, energy, cement and automotive equities propelled the benchmark KSE‑100 Index higher by more than 1,500 points.
After an upbeat opening, the market sustained its upward trajectory throughout the session, with the index peaking at an intraday high of 187,328.50, underscoring continued investor optimism.
At 09:39 am, the KSE‑100 had already climbed 993.00 points (0.54%) to 186,365.20. By 13:44 pm, the index stood at 186,950.90, reflecting a gain of 1,578.70 points (0.85%) from the previous close of 185,372.20.
Buying activity was focused on key sectors, including commercial banks, oil and gas explorers, oil marketing companies, refiners, cement producers, fertiliser manufacturers and automobile assemblers, providing broad‑based support to the market.
During the session, prices ranged from an intraday low of 185,910.38 to a high of 187,328.50. Trading volume reached 241.16 million shares, with a turnover of approximately Rs 23.92 billion.
Market participants cited solid investor sentiment, ongoing institutional purchases and optimism about the country’s improving macroeconomic outlook as drivers of the rally, with heavyweight banking and energy stocks leading the advance.
