The local bourse remained firmly up and running, extending its stellar momentum to notch an all-time high close at 186,518. The benchmark index witnessed a highly buoyant session, surging to an intraday high of 1,953 points, while profit-taking remained modest, with the intraday low capped at 165 points, underscoring the market’s underlying strength.
Optimism has carried over decisively into 2026, with the PSX gaining a robust 12,464 points (+7.2%) in the first five trading sessions of the year. Stock Market Continues Momentum
This powerful start reflects sustained investor confidence, driven largely by aggressive buying from local funds. The shift in asset allocation—from fixed-income instruments to equities amid declining returns on traditional avenues—has continued to fuel liquidity and support elevated valuations.
Heavyweight stocks once again led from the front. HUBC, PPL, ENGROH, MCB, and MEBL emerged as key drivers, collectively contributing around 766 points to the index’s advance.
Market activity remained vibrant, with total traded volumes clocking in at 1,316 million shares, while market turnover rose to Rs. 86.1 billion, highlighting robust participation and upbeat sentiment. KEL topped the volume charts, with 77.8 million shares changing hands during the session.
