KSE-100 Gains 945 Points Amid Fertilizer and Energy Sector Support

The Pakistan Stock Exchange (PSX) closed on a positive note, with the KSE-100 Index rising 945 points to settle at 155,385 on Monday.

The benchmark index touched an intraday high of 155,602 and a low of 154,486 before closing near its upper range. Despite the gain, overall market activity remained modest, with 274.7 million shares traded, valuing at PKR 20.3 billion.

Key contributors to the index’s advance included Fauji Fertilizer Company (FFC +265 points), United Bank Limited (UBL +93 points), Hub Power Company (HUBC +90 points), TRG Pakistan (TRG +74 points), and National Bank of Pakistan (NBP +61 points).

On the volumes chart, Bank of Punjab (BOP) and PIBTL led the activity, exchanging 58.2 million and 53.4 million shares, respectively.

Sector-wise, fertilizer, cement, and energy stocks attracted notable investor interest, while the banking sector showed mixed performance.

Analysts expect near-term volatility to persist, but maintain a positive long-term outlook, advising investors to focus on fundamentally strong sectors such as exploration & production (E&Ps), oil marketing companies (OMCs), fertilizers, and banks, which continue to offer healthy dividend yields and growth opportunities.