PSX Closing Bell: A Blockbuster Show

June 12, 2026 (MLN): The benchmark KSE-100 Index ended the week on a strong note, closing Friday's session at 172,399.90, up by 2,696.30 points or 1.59%, as investor sentiment improved on easing geopolitical concerns and optimism surrounding the unveiling of Pakistan's FY2026-27 federal budget.

The index remained firmly in positive territory throughout the session, reaching an intraday high of 173,093.45 (+3,389.85 points) and a low of 170,946.54 (+1,242.94 points).

Total traded volume in the KSE-100 Index stood at 320.00 million shares.

Out of the 100 index companies, 87 closed higher, 12 declined, while one remained unchanged, reflecting broad-based buying across the market.

Among the top gainers were DGKC (+6.30%), POWER (+5.81%), ISL (+5.70%), BNWM (+5.61%), and KOHC (+5.53%).

On the losing side, TPLRF1 (-2.87%), HCAR (-2.55%), TRG (-1.15%), GADT (-0.72%), and LOTCHEM (-0.66%) recorded modest declines.

In terms of index-point contribution, LUCK (+246.13pts), HUBC (+241.80pts), ENGROH (+230.35pts), UBL (+182.92pts), and MEBL (+146.66pts) provided the biggest boost to the benchmark.

Meanwhile, TPLRF1 (-11.67pts), TRG (-10.04pts), HCAR (-7.07pts), ATRL (-6.02pts), and NATF (-3.63pts) limited gains.

Sector-wise, the market was supported by Commercial Banks (+808.93pts), Cement (+601.17pts), Power Generation & Distribution (+278.63pts), Inv. Banks / Inv. Cos. / Securities Cos. (+232.03pts), and Fertilizer (+179.23pts).

On the other hand, Real Estate Investment Trust (-9.53pts), Refinery (-6.02pts), Textile Spinning (-0.65pts), Textile Weaving (-0.03pts), and Vanaspati & Allied Industries (+0.00pts) weighed slightly on the index.

In the broader market, the All-Share Index closed at 103,927.89, posting a gain of 1,323.37 points or 1.29%. Total market volume rose to 890.80 million shares, while traded value jumped to Rs41.99 billion. A total of 441,070 trades were reported across 488 companies, with 282 closing higher, 167 lower, and 39 remaining unchanged.

Investor sentiment received a significant boost after oil prices declined on Friday following U.S. President Donald Trump's announcement that Washington had reached a framework agreement with Iran, raising hopes that the prolonged Middle East conflict could be approaching a resolution.

The prospect of easing regional tensions improved risk appetite across global markets and reduced concerns over energy supply disruptions.

The rally was further supported by optimism ahead of the launch of Pakistan's FY2026-27 federal budget, with investors positioning for potential pro-growth measures and fiscal incentives.

Expectations of a business-friendly budget, coupled with easing geopolitical risks, encouraged strong buying in banking, cement, fertilizer, and power sector stocks.

With both external and domestic factors turning favorable, the Pakistan Stock Exchange witnessed broad-based gains, allowing the benchmark index to recover strongly and end the week near its intraday highs.

To note, the KSE-100 has gained 46,773 points or 37.23% during the fiscal year, whereas it has decreased 1,654 points or 0.95% so far this calendar year.

Copyright Mettis Link News