The Pakistan Stock Exchange (PSX) continued its bullish momentum on Monday, as the benchmark KSE-100 Index posted another powerful gain, closing at 182,408.23 points, up by 3,373.30 points compared to the previous session. The market remained firmly in positive territory throughout the day, reflecting sustained investor confidence and broad-based buying interest.
The ongoing rally is being supported by improving market sentiment, selective accumulation in index-heavy stocks, and expectations of economic stability in the near term. Investors showed strong interest in banking, cement, power, and technology-related stocks, keeping the index on an upward trajectory.
Trading activity remained exceptionally strong, indicating healthy liquidity conditions and active participation from both institutional and retail investors.
Total traded value during the session stood at approximately Rs. 63.24 billion, while total volume reached 633.10 million shares, significantly higher than recent averages a clear sign of growing market depth.
Among individual stocks, PIBTL and TELE emerged as notable gainers, each posting gains of more than 8%, supported by strong volumes. Bank of Punjab (BOP) also closed in the green, contributing positively to the index. On the other hand, K-Electric (KEL) witnessed minor selling pressure and ended marginally lower, though overall sentiment around the stock remained stable. HASCOL stayed in focus due to heavy turnover, highlighting continued speculative and short-term trading interest.
Market analysts believe the continuation of positive momentum largely depends on macroeconomic clarity, inflation trends, and upcoming policy-related developments. While the near-term outlook remains optimistic, investors are advised to remain selective and manage positions carefully amid heightened volatility after sharp index gains.
Add a comment