The Pakistan Stock Exchange recorded a positive session for Shariah-compliant stocks as the KMI-30 index closed higher at 256,899 points, marking a gain of 1,456 points on Tuesday.
After opening at 256,087, the index moved upward on strong buying interest in key blue-chip stocks. Despite intraday volatility, bullish sentiment remained dominant throughout the session.
Lucky Cement once again took the lead among gainers, followed closely by Meezan Bank, OGDC, PPL, and Engro Holdings, all of which played a significant role in supporting the index.
However, fertilizer and energy stocks such as FFC and PSO remained under pressure, limiting further upside.
Market experts believe Shariah-compliant stocks are continuing to attract long-term investors due to strong fundamentals and improved corporate earnings outlook.
They added that consistent trading volumes reflect growing confidence in the Islamic equity segment of the Pakistan Stock Exchange.
Investors are now looking ahead to upcoming economic indicators and corporate announcements for further direction.
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