KMI-30 Index Jumps 3.18% – PSX Market Shows Strong Recovery

The benchmark KMI-30 index at the Pakistan Stock Exchange continued its upward momentum on March 18, 2026, supported by aggressive buying in oil, banking, and fertilizer sectors.

The index surged by 3.18% during the trading session, closing at 221,684.42 points after gaining more than 6,800 points. This marks one of the strongest daily performances in recent weeks.

Market participants remained highly active, with trading volumes reaching 82.94 million shares. The bullish trend was largely driven by institutional investors and renewed confidence in Pakistan’s economic outlook.

OGDC emerged as the top contributor, adding over 1,091 points, while PPL and MEBL also delivered strong performances. Fertilizer giant FFC and energy stock MARI further strengthened the index.

Despite the overall positive trend, MTL recorded a slight decline, acting as the only dragger in the index.

The FYTD return of 19.90% highlights strong annual growth, although CYTD remains in the negative territory at -10.81%, indicating earlier market corrections.

Experts believe that the market is entering a recovery phase and may continue upward if macroeconomic indicators remain stable.