PSX Closing Bell: Bulls Keep the Trophy

June 02, 2026 (MLN): The benchmark KSE-100 Index staged a modest recovery on Tuesday, closing at 171,021.77, up by 421.57 points or 0.25%, as investors returned to selective buying following the previous session's sharp decline, with banking, fertilizer, and energy stocks leading the advance.

The index traded in a range of 1,607.90 points, reaching an intraday high of 171,856.36 (+1,256.16) and a low of 170,248.46 (-351.74) points. Total traded volume in the KSE-100 Index stood at 189.72 million shares.

Out of the 100 index companies, 62 closed higher while 37 declined, reflecting an improvement in overall market sentiment.

Among the top gainers were SCBPL (+6.77%), FHAM (+5.80%), YOUW (+4.17%), PTC (+3.63%), and KOHC (+3.58%). On the losing side, TRG (-4.63%), HCAR (-2.61%), PKGS (-2.60%), AKBL (-2.20%), and GADT (-2.04%) ended lower.

In terms of index-point contribution, MEBL (+194.18pts), FFC (+98.50pts), UBL (+67.41pts), PPL (+52.89pts), and PTC (+46.87pts) were the major contributors to the benchmark’s gains. Meanwhile, BAHL (-95.87pts), TRG (-42.51pts), AKBL (-33.29pts), SAZEW (-27.48pts), and ENGROH (-26.94pts) weighed on the index.

Sector-wise, the market was supported by Commercial Banks (+147.41pts), Fertilizer (+94.62pts), Oil & Gas Exploration Companies (+56.77pts), Cement (+51.60pts), and Pharmaceuticals (+49.14pts). On the other hand, Automobile Assembler (-30.03pts), Inv. Banks / Inv. Cos. / Securities Cos. (-18.87pts), Paper, Board & Packaging (-18.42pts), Cable & Electrical Goods (-6.22pts), and Engineering (-5.53pts) limited the market's advance.

In the broader market, the All-Share Index closed at 102,948.64, posting a gain of 346.10 points or 0.34%. Total market volume stood at 550.79 million shares, while traded value was recorded at Rs27.44 billion. A total of 361,795 trades were reported across 488 companies, with 221 closing higher, 226 lower, and 41 remaining unchanged.

Investor sentiment improved as bargain hunting emerged in heavyweight banking and fertilizer stocks after the previous day's selloff. The recovery was also supported by expectations that economic fundamentals remain stable despite the recent uptick in inflation, encouraging investors to rebuild positions in fundamentally strong sectors.

Additionally, gains in oil and gas exploration companies reflected improved confidence in the energy sector, while easing concerns over immediate geopolitical risks in the Middle East helped support broader market sentiment. The combination of value buying and selective institutional interest enabled the benchmark index to finish the session in positive territory despite mixed activity across the wider market.

To note, the KSE-100 has gained 45,394 points or 36.13% during the fiscal year, whereas it has decreased 3,033 points or 1.74% so far this calendar year.

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