From Panic to Pullback: Bulls Reclaim Control

After Monday’s heavy sell-off, the bulls staged a confident comeback. Early weakness dragged the index to an intraday low of 714 points, but just when sentiment seemed fragile, buyers quietly returned to the arena.

As investors reassessed the situation and grew confident that geopolitical tensions are unlikely to prolong, the mood shifted from fear to opportunity.Pakistan Stock Market Bleeds

Value hunters stepped in, accumulating fundamentally strong stocks at attractive levels. The renewed momentum lifted the index to an intraday high of 6,244 points before it closed at 157,132 — up 5,159 points or 3.28%.

Index-heavy names including FFC, UBL, ENGROH, MEBL, and MARI led the charge, collectively contributing approximately 2,753 points to the index gain.

Market participation also improved, with total traded volume reaching 770 million shares and turnover clocking in at Rs 44.3 billion. KEL dominated the volume leaders’ board, with over 74 million shares traded.