PSX Closing Bell: Bulls Keep the Flame Alive

January 16, 2026 (MLN): The benchmark KSE-100 Index concluded Friday's trading session at 185,098.83, showing an increase of 3,642.50 points or 2.01%.

The index remained positive throughout the day showing an intraday high of 185,208.98 (+3,752.65) and a low of 182,559.69 (+1,103.36) points.

Market mood drew additional support from the federal government’s move to maintain existing fuel prices for the upcoming fortnight beginning January 16, 2026.

The price of High Speed Diesel has been retained at Rs257.08 per litre, while petrol continues to be sold at Rs253.17 per litre.

Internationally, concerns linked to the prospect of US action against Iran and the resulting implications for global markets subsided after Washington scaled back its posture by pulling out a portion of its military personnel from bases across the Middle East.

The total volume of the KSE-100 Index was 381.92 million shares.

Of the 100 index companies 89 closed up, 11 closed down, while 0 were unchanged.

Top gainers during the day were THALL (+10.00%), JVDC (+10.00%), OGDC (+6.75%), PPL (+5.96%), and PKGS (+5.57%).

On the other hand, top losers were MEHT (-3.22%), KAPCO (-1.24%), UPFL (-1.20%), GADT (-1.05%), and PIOC (-0.92%).

In terms of index-point contributions, companies that propped up the index were OGDC (+457.09pts), PPL (+339.24pts), HUBC (+219.60pts), ENGROH (+187.38pts), and FFC (+185.86pts).

Meanwhile, companies that dragged the index lower were POL (-13.90pts), PIOC (-13.20pts), MEHT (-8.16pts), KAPCO (-6.84pts), and PSEL (-6.48pts).

Sector-wise, KSE-100 Index was supported by Oil & Gas Exploration Companies (+886.47pts), Commercial Banks (+800.78pts), Fertilizer (+345.51pts), Power Generation & Distribution (+235.59pts), and Inv. Banks / Inv. Cos. / Securities Cos. (+211.72pts).

While the index was let down by Textile Spinning (-1.04pts), Sugar & Allied Industries (-0.61pts), Woollen (+0.00pts), Leasing Companies (+0.01pts), and Vanaspati & Allied Industries (+0.04pts).

In the broader market, the All-Share Index closed at 111,509.34 with a net gain of 2,327.02 points or 2.13%.

Total market volume was 959.53 million shares compared to 820.03m from the previous session while traded value was recorded at Rs69.46 billion showing an increase of Rs23.49bn.

There were 451,058 trades reported in 482 companies with 334 closing up, 117 closing down, and 31 remaining unchanged.

To note, the KSE-100 has gained 59,472 points or 47.34% during the fiscal year, whereas it has increased 11,045 points or 6.35% so far this calendar year.

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