The upward movement in the KSE-100 Index was primarily driven by strong gains in select blue-chip stocks. UBL emerged as the top contributor, adding 247.66 points to the index, followed by ENGROH, which contributed 214.11 points. SYS added 147.01 points, while FATIMA and SAZEW contributed 144.07 points and 140.81 points, respectively.
Banking, technology, and industrial stocks attracted increased investor interest, reflecting confidence in companies with stable earnings outlooks and expansion potential. Analysts note that the banking sector continues to benefit from improved margins and capital strength, while technology-focused firms remain attractive due to rising digital transformation trends.
The rally suggests growing institutional participation, with portfolio managers allocating capital toward fundamentally strong companies. Market strategists believe that if earnings performance remains resilient and economic conditions continue improving, the KSE-100 could maintain its upward trajectory in the coming sessions. Nevertheless, investors are encouraged to remain selective and monitor global market developments that could influence sentiment.
UBL, ENGRO Drive KSE-100 Higher as PSX Sees Sector-Led Gains
