Banking Giants Power PSX Rally as KSE-100 Closes at Record Levels
Heavyweight banking stocks dominated trading at the Pakistan Stock Exchange on January 6, 2026, driving the KSE-100 Index sharply higher and pushing it to a closing level of 185,062.11.
Among the top contributors, MCB Bank led the rally with a 450.68-point contribution, followed closely by United Bank Limited (UBL), which added 446.03 points. Other major gainers included MEBL, HBL, and Lucky Cement, collectively reinforcing the index’s upward momentum.
Despite some pressure from select energy stocks, overall sentiment remained firmly positive. The index recorded a daily gain of 2,653.87 points, with a trading range exceeding 4,000 points between the day’s low and high.
Market experts note that sustained buying in blue-chip stocks and expectations of economic stability are encouraging institutional participation in equities.
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