The Pakistan Stock Exchange continues to show signs of gradual recovery as investors remain active in key blue-chip stocks, helping the KMI-30 Index post another day of gains. The benchmark adds nearly 1,900 points during the latest session, closing at 264,696.41 and registering a 0.72 percent rise, reflecting sustained confidence in the local equity market.
The session opens on a stable note at 263,397 points. Early volatility briefly pulls the index down, but steady buying in large-cap stocks quickly reverses the trend. By midday, the market gathers momentum and climbs to 266,266 points before ending the day slightly below that mark.
Fertilizer giant Fauji Fertilizer Company stands out as the biggest driver of gains, making the strongest points contribution. Engro Holdings and Meezan Bank follow closely, benefiting from consistent institutional interest. Technology firm Systems Limited and energy major Pakistan State Oil also remain in focus as investors look for growth opportunities across diversified sectors.
Market participants say that the positive movement is not just limited to price gains but is also backed by solid participation. With more than 110 million shares changing hands, liquidity remains sufficient to support healthy trading conditions. This steady turnover is helping the market absorb selling pressure and maintain its upward direction.
Year-to-date figures paint an even more encouraging picture. The index has already posted strong fiscal year growth of over 43 percent and a calendar year gain exceeding 6 percent, indicating that Pakistan’s stock market is gradually regaining stability after previous volatility.
However, some stocks continue to face pressure. EFERT, PPL, SNGP, and a few industrial names close lower, acting as draggers on the index. Still, their negative impact is overshadowed by gains in leading counters.
Financial analysts believe that improving economic stability, easing inflation trends, and positive corporate earnings are creating a supportive environment for equities. If these factors persist, the KMI-30 could extend its rally further in the coming weeks.
For now, the overall sentiment remains cautiously optimistic, with investors closely monitoring developments while positioning themselves in fundamentally strong stocks. Tuesday’s performance reinforces the view that the PSX is steadily moving toward a stronger and more stable phase.
Pakistan Stock Exchange Gains Momentum as KMI-30 Adds 1,900 Points