Investors maintained their interest in Pakistan equities on February 4 as sustained buying in financial and large-cap stocks helped the KSE-100 index post solid gains, ending the session higher by 931.34 points. The benchmark settled at 187,832.08, continuing the market’s recent recovery trend.
The trading day began on a stable note and quickly moved upward as institutional investors accumulated blue-chip counters. The index peaked at 188,312.21, reflecting strong demand, before slight selling pressure pushed it down to 187,018.69. Late-session buying ensured a comfortable close in positive territory.
The banking sector played a decisive role in the rally. Meezan Bank, NBP, UBL, and HMB collectively added significant strength to the benchmark, signaling confidence in the sector’s earnings outlook. Engro Holdings also attracted investor attention, contributing substantially to the gains.
Despite the positive sentiment, select stocks remained under pressure. Systems Limited, EFERT, and PPL acted as key draggers, while ILP and SAZEW also recorded losses, preventing an even stronger finish.
Trading volumes remained robust at 767.51 million shares, indicating active participation from both retail and institutional investors. With FYTD growth approaching 50 percent, analysts view the PSX as one of the region’s better-performing markets.
Experts suggest that if economic indicators remain stable and foreign inflows improve, the benchmark could continue testing higher levels in upcoming sessions.
PSX closes firm as buying in financials lifts KSE-100 to fresh highs
