03/01/2026
The Pakistan Stock Exchange (PSX) wrapped up the week on a positive note, with the KSE-100 Index closing at 179,034, reflecting a significant gain of 2,679 points (1.52%) from the prior day. During trading, the index reached a peak of 179,467, showcasing strong investor confidence. Throughout the week, the index rose by a total of 6,634 points, fueled by robust buying across key sectors. Notably, commercial banking, oil and gas exploration, oil marketing companies (OMCs), pharmaceuticals, and refineries attracted considerable interest, enhancing market momentum and investor optimism. Prime Minister Shehbaz Sharif urged ministries to accelerate economic reforms, calling for immediate, actionable proposals and stressing the need for an investor-friendly regulatory environment. He highlighted the importance of export-led growth for economic stability and insisted on unified collaboration among various government levels to achieve these objectives.
The Pakistan stock market exhibited a bullish trend, primarily fueled by substantial contributions from companies such as UBL, EFERT, MARI, and PSO which helped drive the upward momentum. Furthermore, QUICE, MDTL, DMC and CSIL achieved impressive gains of 10%, hitting their upper circuit limits. PAKQATAR also stood out with significant trading volume.
From a technical perspective, the index has surpassed its previous peak. If it can maintain this support level, there is potential for it to rise to 180,500. However, if it fails to hold this support, a decline to approximately 168,216 could occur.
On Friday, the Pakistani rupee saw a slight improvement against the US dollar in the inter-bank market, closing at 280.11, reflecting a gain of Re0.01 against the greenback.
Trading volume on the KSE All Share decreased from the previous session, reaching a total of 1108 million shares. Notable stocks like BOP, KEL, MDTL, and PIBTL attracted significant investor interest, boosting trading activity throughout the day.
