KSE-100 Closes at Record 146,930 — Up 1,547 Points

The Pakistan Stock Exchange witnessed a strong performance as the KSE-100 Index surged by 1,547 points, closing at an all-time high of 146,930. The benchmark recorded an intraday high of 147,005 and a low of 145,258.

Market activity remained healthy, with 297.6 million shares traded and a total turnover of PKR 33.3 billion.

Major contributors to the rally included LUCK (7.7%, 383 points), BAHL (4.2%, 193 points), OGDC (2.4%, 143 points), MEBL (2.2%, 120 points), and MCB (2.4%, 120 points). In volume leaders, LOTCHEM and KEL traded 73.3 million and 19.6 million shares respectively.

Investor sentiment was boosted by strong corporate earnings, particularly in the Exploration & Production, Banking, and Cement sectors. Some profit-taking was observed in Fertilizers.

With the index holding above the 146,900 mark, analysts expect the bullish momentum to continue. Investors are encouraged to focus on fundamentally solid sectors such as E&Ps, Oil Marketing Companies (OMCs), Fertilizers, and Banks, all of which offer strong growth potential and attractive dividend yields.