PSX Closing Bell: Reaching for the Stars

June 24, 2026 (MLN): The Pakistan Stock Exchange (PSX) staged a strong recovery on Wednesday as investors returned to the market following two sessions of declines, with the benchmark KSE-100 Index gaining 1,878.34 points, or 1.06%, to close at 179,571.26.

The index remained in positive territory throughout the trading session, touching an intraday high of 179,919.27, up 2,226.35 points, while the day's low stood at 177,931.32, reflecting a gain of 238.40 points.

Total volume traded in KSE-100 stocks reached 436.67 million shares.

Investor sentiment improved amid easing geopolitical concerns after international oil prices extended their decline.

Crude prices moved lower as fears of major supply disruptions faded and maritime conditions in the Strait of Hormuz showed signs of normalization, reducing concerns over global energy supplies.

The decline in oil prices helped improve the broader economic outlook for oil-importing countries such as Pakistan, supporting investor confidence.

The market also witnessed renewed buying in heavyweight banking, cement, fertilizer, and exploration stocks after recent profit-taking had pushed valuations lower. Strong institutional interest in large-cap stocks helped the benchmark maintain positive momentum throughout the day.

Of the 100 index companies, 69 closed higher, 30 declined, while one remained unchanged.

Among the top gainers were ILP (+7.29%), SRVI (+5.68%), PIBTL (+5.31%), GAL (+4.96%), and CHCC (+4.88%). On the downside, TPLRF1 (-3.30%), SSGC (-2.73%), SNGP (-1.98%), ATRL (-1.78%), and HGFA (-1.76%) were among the worst performers.

In terms of index-point contribution, UBL led the gains by adding 417.09 points to the benchmark, followed by LUCK (+157.97 points), SRVI (+104.06 points), PPL (+85.67 points), and FFC (+84.13 points).

Meanwhile, ATRL erased 23.99 points from the index, while SNGP (-22.09 points), COLG (-17.43 points), BAFL (-17.37 points), and HUBC (-13.61 points) also weighed on performance.

Sector-wise, the benchmark was supported by Commercial Banks (+670.05 points), Cement (+394.50 points), Oil & Gas Exploration Companies (+187.42 points), Fertilizer (+130.60 points), and Textile Composite (+110.67 points).

On the other hand, Oil & Gas Marketing Companies (-39.17 points), Refinery (-21.59 points), Real Estate Investment Trust (-13.54 points), Tobacco (-7.47 points), and Insurance (-5.29 points) sectors limited further gains.

In the broader market, the All-Share Index settled at 108,600.93, gaining 1,073.54 points or 1.00%.

Total market volume increased to 851.30 million shares from 765.14 million shares in the previous session, while traded value rose to Rs40.38 billion, up Rs4.94 billion. A total of 447,835 trades were recorded in 488 companies, with 288 closing higher, 167 lower, and 33 remaining unchanged.

To note, the KSE-100 has gained 53,944 points or 42.94% during the fiscal year, whereas it has increased 5,517 points or 3.17% so far this calendar year.

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