The Pakistan Stock Exchange (PSX) witnessed a strong recovery on Monday, as the benchmark KSE-100 Index surged by nearly 1,000 points during intra-day trading, reversing last week’s bearish trend.
At the closing bell, the KSE-100 stood at 116,494.19, reflecting a gain of 1536.70 points or 1.34%. The rebound was fuelled by renewed investor confidence and broad-based buying across key sectors.
Prominent gains were recorded in automobile assemblers, cement, commercial banks, oil and gas exploration companies, oil marketing companies, and power generation firms. Index-heavy stocks including Hub Power Company (HUBCO), Sui Northern Gas Pipelines Limited (SNGPL), Oil and Gas Development Company (OGDC), Pakistan Petroleum Limited (PPL), Pakistan Oilfields (POL), and major banks like HBL, MCB, and UBL traded firmly in the green, lending significant support to the index.
The upbeat momentum comes after a volatile previous week, during which the benchmark index had shed 3,938 points — a 3.3% drop on a week-on-week basis — closing at 114,853 points on Friday. Market sentiment last week was dented by escalating global uncertainty, particularly following tariff-related announcements from U.S. President Donald Trump.
Monday’s recovery at the PSX signals renewed optimism among investors, as attention shifts back to domestic earnings and sectoral fundamentals.
