PSX Closing Bell: Bulls Deliver a Knockout

November 10, 2026 (MLN): The benchmark KSE-100 Index surged 5,448.56 points, or 3.13%, to close Tuesday's trading session at 179,335.24, as strong remittance inflows and easing oil prices supported investor sentiment.

The index remained in positive territory throughout the session, reaching an intraday high of 179,424.04, up 5,537.36 points, while its low stood at 176,273.72, up 2,387.04 points. The KSE-100 recorded a trading volume of 436.82 million shares.

Market breadth remained firmly positive, with 90 companies advancing, nine declining, and one closing unchanged.

Among the major gainers, FCCL surged 9.58%, KOHC rose 9.03%, MLCF gained 7.23%, SAZEW advanced 6.88%, and PGLC increased 6.85%.

On the other hand, CNERGY fell 6.20%, ATRL declined 3.36%, AICL shed 2.20%, BML lost 2.06%, and FHAM dropped 1.61%.

In terms of index-point contributions, UBL led the gains with 630.22 points, followed by LUCK with 378.08 points, FFC with 348.98 points, MEBL with 334.12 points, and HUBC with 290.53 points.

Conversely, ATRL dragged the index down by 50.76 points, followed by CNERGY with 37.11 points, AICL with 15.51 points, BML with 9.41 points, and PSEL with 9.24 points.

Sector-wise, Commercial Banks provided the strongest support, contributing 2,099.31 points, followed by Cement with 979.48 points, Oil & Gas Exploration Companies with 582.15 points, Fertilizer with 473.35 points, and Power Generation & Distribution with 346.38 points.

On the other hand, Refinery weighed on the benchmark by 87.87 points, while Insurance and Miscellaneous subtracted 15.51 and 11.99 points, respectively. Modarabas also shed 1.53 points, while Synthetic & Rayon had a negligible impact.

In the broader market, the All-Share Index closed at 107,010.16, gaining 2,816.27 points or 2.70%.

Total market volume declined to 972.43 million shares from 1,480.00 million in the previous session, while traded value rose by Rs28.09 billion to Rs50.67 billion.

A total of 543,049 trades were reported across 501 companies, with 363 advancing, 107 declining, and 31 remaining unchanged.

Investor sentiment also drew support from strong remittance inflows, with Pakistan receiving $3.89 billion in October 2026, up 8.5% from $3.59 billion in September and 13.8% from $3.42 billion in October 2025, according to the State Bank of Pakistan.

Meanwhile, oil prices slipped on Tuesday, extending the previous session's decline, as easing concerns over further U.S. military action against Iran reduced fears of prolonged disruptions to energy supplies from the Middle East.

To note, the KSE-100 has lost 966 points or 0.54% during the fiscal year, whereas it has increased 5,281 points or 3.03% so far this calendar year.

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