KMI-30 Index Extends Gains as PSX Closes Higher on January 20

The KMI-30 index of the Pakistan Stock Exchange (PSX) continued its upward momentum on Tuesday, January 20, 2026, closing at 266,571.54 points, recording a gain of 1,828.09 points or 0.69 percent.
The benchmark Islamic index opened at 265,980.56 points, touched an intraday high of 266,911.68, and a low of 263,444.02, reflecting healthy volatility supported by strong buying interest in key energy and fertilizer stocks.
Market participation remained active as index constituent volume reached 213.89 million shares.
On a performance basis, the KMI-30 index posted a 44.18 percent return in FYTD, while CYTD performance stood at 7.26 percent, indicating sustained investor confidence in Shariah-compliant equities.
Top Pullers
ENGROH: +595.52 points
PPL: +421.59 points
SAZEW: +330.24 points
OGDC: +310.95 points
PSO: +254.33 points
Top Draggers
MEBL: -373.06 points
HUBC: -170.79 points
LUCK: -162.75 points
MTL: -35.27 points
PAEL: -32.35 points
Analysts believe the index remains in a consolidation phase with a positive bias, supported by strong corporate earnings and improving macroeconomic indicators.