PSX Closing Bell: Bulls Take It Home

April 14, 2026 (MLN): Stocks at the Pakistan Stock Exchange rebounded sharply on Tuesday, with the benchmark KSE-100 Index posting strong gains after the previous session’s steep losses, as easing oil prices and expectations of further diplomatic engagement between the United States and Iran lifted investor sentiment.

The KSE-100 Index closed at 165,634.84, up 5,043.51 points or 3.14%. The index remained firmly in positive territory throughout the session, touching an intraday high of 165,763.81 (+5,172.48 points) and a low of 163,416.54 (+2,825.21 points), reflecting sustained buying across major sectors.

Trading activity also improved, with total volume in the KSE-100 Index recorded at 358.20 million shares.

Market breadth was strongly positive as 93 companies closed higher, 6 declined, and 1 remained unchanged, indicating broad-based investor participation.

Among the top gainers, GAL (+10.00%), HCAR (+10.00%), BOP (+9.97%), SRVI (+9.81%), and GHNI (+9.40%) led the rally with strong upside momentum. On the downside, only marginal losses were seen in a few stocks including PGLC (-1.24%), PSEL (-1.20%), JDWS (-1.05%), DCR (-0.93%), and TPLRF1 (-0.89%).

In terms of index-point contribution, the rally was driven by heavyweight stocks including UBL (+397.79 points), FFC (+370.20 points), LUCK (+367.19 points), ENGROH (+309.70 points), and HUBC (+215.41 points). Minor pressure came from PSEL (-10.85 points), DCR (-6.31 points), TPLRF1 (-2.87 points), SCBPL (-2.73 points), and JDWS (-2.71 points).

Sector-wise, the KSE-100 Index was supported by Commercial Banks (+1,310.83 points), Cement (+878.40 points), Fertilizer (+518.26 points), Oil & Gas Exploration Companies (+345.85 points), and Investment Banks/Companies/Securities Companies (+337.97 points), reflecting broad-based strength across cyclical sectors.

Investor sentiment improved as oil prices declined on Tuesday, easing concerns over inflationary pressures and input costs for emerging markets. The decline came as markets reacted to heightened geopolitical tensions involving Iran and uncertainty over U.S. policy direction.

At the same time, diplomatic engagement between the United States and Iran remained in focus. While earlier negotiations failed to produce a breakthrough, talks have not been fully concluded, with expectations of further rounds of discussions in the coming days. Potential venues being considered include Geneva, Vienna, Istanbul, and Islamabad, depending on diplomatic developments.

Officials in the United States have indicated that the outcome of ongoing negotiations will largely depend on Tehran’s response, adding to near-term uncertainty but also keeping hopes alive for a possible diplomatic resolution.

In the broader market, the All-Share Index also closed higher at 98,685.94, gaining 2,713.21 points or 2.83%. Total market volume rose to 824.54 million shares, while traded value increased to Rs36.34 billion, indicating improved participation compared to the previous session.

A total of 487 companies were traded during the session, of which 389 advanced, 64 declined, and 34 remained unchanged, highlighting a strong bullish tone across the market.

To note, the KSE-100 has gained 40,008 points or 31.85% during the fiscal year, whereas it has decreased 8,419 points or 4.84% so far this calendar year.

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