KSE-100 Maintains Uptrend, Closes Above 149,400 Amid Selective Buying

The Pakistan Stock Exchange (PSX) witnessed a positive trading session on Monday, as the KSE-100 Index gained 258 points, closing at 149,493. The index touched an intraday high of 150,465 and a low of 149,449, reflecting steady momentum throughout the day.

Overall market participation remained modest, with 335 million shares traded, valuing at PKR 28.9 billion.

Top index contributors were:

• FFC (+0.7%, 91 points)
• NBP (+2.4%, 60 points)
• AKBL (+5%, 54 points)
• OGDC (+0.8%, 47 points)
• PSO (+1.2%, 36 points)

On the volumes front, UNITY Foods (64m shares) and PIBTL (63.7m shares) dominated trading activity.

Sector-wise, E&Ps, OMCs, Cement, and Banks attracted solid buying interest, while Fertilizers traded mixed. The pharmaceutical sector witnessed mild profit-taking after recent gains.

Following a short corrective spell, fresh buying emerged at lower levels, helping the index sustain its upward momentum. With roll-over week approaching, analysts expect short-term volatility to continue; however, the medium- to long-term outlook stays positive.

Market experts suggest investors should keep exposure in fundamentally strong sectors — especially E&Ps, OMCs, Fertilizers, and Banks — for their attractive dividend yields and resilient growth potential.