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KMI-30 Closes High as Lucky Cement Leads

Awais Afzal (Business Staff Reporter) by Awais Afzal (Business Staff Reporter)
May 8, 2026
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It was a green day at the Pakistan Stock Exchange as the KMI-30 index closed with a gain of 0.96%. The index ended the session at 248,767.62 points, which is an increase of 2,361.39 points from the previous day. Investors were busy buying shares in top companies, especially in the cement and energy sectors.

Lucky Cement was the star performer, adding more than 436 points to the index alone. Other companies like OGDC and Fauji Fertilizer also did very well, contributing hundreds of points to the total. Even though the market had a low point of 246,183.05 during the day, it recovered quickly as buyers stepped in to take advantage of the lower prices.

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This shows that there is a lot of support for the market at these levels. For the common man looking to understand the market, these numbers mean that big businesses are growing and the financial environment is becoming more stable. With the fiscal year showing a total gain of 34.55%, the stock market remains one of the best places for growth in 2026.

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