The Pakistan Stock Exchange (PSX) continued its upward trajectory on Tuesday, with the benchmark KSE-100 Index closing at a new high of 186,518.71 points, registering a gain of 1,456.61 points. The market maintained positive momentum throughout the session, reflecting sustained investor confidence despite selective profit-taking in certain stocks.
Trading activity remained healthy as investors continued to show interest in energy, banking, and technology-related stocks. Although the pace of gains moderated compared to previous sessions, overall sentiment stayed constructive, allowing the index to close firmly in the green for another consecutive day.
The session recorded strong liquidity, with total traded value amounting to approximately Rs. 66.18 billion, while total volume stood at 569.86 million shares, indicating active participation from both institutional and retail investors.
Among notable stocks, HASCOL attracted strong buying interest and closed higher by 7.14%, supported by robust volumes. MDTL and TELE also posted decent gains, reflecting continued interest in mid-cap and speculative names. Bank of Punjab (BOP) ended the session higher, contributing positively to the index’s overall performance.
On the downside, K-Electric (KEL) witnessed marginal selling pressure and closed slightly lower; however, the decline was limited and did not materially impact overall market sentiment.
Market participants attributed the continued rally to improving confidence in economic indicators, expectations of earnings stability, and sustained inflows into equities following recent strong performance. Analysts, however, cautioned that with the index trading at elevated levels, short-term volatility and intermittent profit-taking cannot be ruled out.
Investors are advised to remain selective, focus on fundamentally strong stocks, and manage risk prudently as the market navigates higher territory.
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