Business & Economy Pakistan Stock Exchange

OGDC, MLCF Drive KSE-100 Higher as PSX Closes at 173,169

Pakistan Stock Exchange News

The Pakistan Stock Exchange recorded a positive session on February 20, 2026, as the KSE-100 Index climbed nearly 1,000 points, closing at 173,169.71. The 0.58 percent increase reflects selective buying in major index-heavy stocks following recent market corrections.
The trading day began at 172,716.15, with early volatility pushing the benchmark to a low of 169,592.53. However, strong buying in oil and cement stocks helped the index recover and touch an intraday high of 174,148.33 before settling slightly lower at close.
OGDC emerged as the session’s top performer, reinforcing investor confidence in the energy sector. MLCF and PPL also delivered notable gains, while SYS continued to attract interest in the technology segment. Fertilizer giant FFC contributed additional support.
Meanwhile, MCB Bank led the draggers, alongside TRG and BAFL, indicating sector rotation rather than broad-based weakness. Analysts suggest that investors are reallocating portfolios toward sectors perceived as resilient amid economic uncertainty.
The robust trading volume of 245.48 million shares demonstrates sustained liquidity in the market. Experts interpret this as a healthy sign, indicating that institutional and retail investors remain actively engaged.
While the CYTD performance remains marginally negative, the strong FYTD growth of 37.84 percent highlights the overall upward trend in Pakistan’s equity market over the fiscal year.
Market participants now look ahead to upcoming economic data and corporate earnings announcements for direction. Analysts advise investors to maintain diversified portfolios and focus on companies with solid fundamentals during volatile periods.

Business Desk

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