PSX Closing Bell: Bulls Rule the Day

March 10, 2026 (MLN): The Pakistan Stock Exchange (PSX) staged a powerful recovery on Tuesday, with the benchmark index surging after Monday’s historic sell-off, as easing global oil prices and hopes of de-escalation in the Middle East lifted investor sentiment.

The KSE-100 Index concluded the session at 156,177.12, posting one of the largest gains in PSX history of 9,696.98 points or 6.62%.

The index remained firmly in positive territory throughout the session, touching an intraday high of 158,354.12 (+11,873.98) while the day’s low stood at 155,294.65 (+8,814.51).

The sharp rebound follows Monday’s steep decline, when the benchmark index had closed at 146,480.14 after plunging 11,015.96 points or 6.99%, as investors reacted to surging global oil prices and escalating geopolitical tensions linked to the closure of the Strait of Hormuz.

However, sentiment improved on Tuesday after oil prices tumbled nearly 10% in international markets.

The drop came after U.S. President Donald Trump warned Iran against disrupting shipments through the Strait of Hormuz and indicated that the ongoing conflict with Tehran could soon move toward de-escalation, easing fears that had rattled global markets.

Trading at the Pakistan Stock Exchange (PSX) had also been temporarily suspended on Tuesday after the KSE-30 Index surged 5% from the previous trading day’s close, triggering an automatic market halt under PSX regulations.

Total volume of the KSE-100 Index stood at 289.65 million shares.

Market breadth remained overwhelmingly positive, with 95 companies closing higher, 2 declining, and 3 remaining unchanged.

Among the top gainers were YOUW (+11.53%), LOTCHEM (+10.02%), AICL (+10.01%), PABC (+10.00%), and HBL (+10.00%). On the other hand, MUREB (-0.44%) and POL (-0.09%) were among the few stocks that ended the session slightly lower.

In terms of index-point contribution, companies that lifted the index the most included FFC (+1121.54pts), ENGROH (+775.52pts), UBL (+601.91pts), HUBC (+596.81pts), and MEBL (+525.59pts).

Sector-wise, the rally was driven by Commercial Banks (+2858.00pts), Fertilizer (+1358.80pts), Cement (+943.29pts), Investment Banks / Investment Companies / Securities Companies (+816.90pts), and Oil & Gas Exploration Companies (+816.85pts).

In the broader market, the All-Share Index closed at 93,623.08, registering a gain of 5,221.94 points or 5.91%.

Total market volume was recorded at 486.52 million shares, compared to 621.65 million in the previous session, while traded value stood at Rs31.22 billion, down Rs5.90 billion. A total of 253,608 trades were reported in 485 companies, with 388 closing up, 43 closing down, and 54 remaining unchanged.

The strong rebound indicates a sharp recovery in investor confidence after the previous session’s panic-driven sell-off, as easing oil prices and hopes of geopolitical de-escalation helped stabilize market sentiment.

To note, the KSE-100 has gained 30,550 points or 24.32% during the fiscal year, whereas it has decreased 17,877 points or 10.27% so far this calendar year.

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