PSX Closing Bell: Stays on the Front Foot

July 02, 2026 (MLN): The benchmark KSE-100 Index concluded Thursday's trading session at 184,520.96, posting a gain of 470.86 points, or 0.26%, as investors extended selective buying on easing geopolitical concerns and lower international oil prices.

Market sentiment remained broadly positive after oil prices declined as fears of supply disruptions in the Middle East eased, with investors encouraged by signs of progress in indirect U.S.-Iran negotiations.

The softer oil price outlook improved risk appetite, while optimism over reduced geopolitical tensions supported buying in key index-heavy sectors.

The index remained in positive territory for most of the session, trading in a range of 1,675.73 points. It touched an intraday high of 185,890.52 (+1,840.42 points) and a low of 184,214.79 (+164.69 points).

The total volume traded by KSE-100 constituents stood at 423.48 million shares.

Of the 100 index companies, 59 closed higher, 41 ended lower, while none remained unchanged.

Top gainers during the day were IBFL (+10.00%), TRG (+5.49%), MUREB (+3.18%), JVDC (+3.04%), and BNWM (+2.91%).

On the losing side, HGFA (-3.15%), JDWS (-2.45%), SRVI (-2.42%), POWER (-2.25%), and BAHL (-1.56%) recorded the steepest declines.

In terms of index-point contribution, UBL (+161.20pts) led the gains, followed by LUCK (+117.56pts), OGDC (+94.51pts), PPL (+51.73pts), and TRG (+43.75pts).

Meanwhile, the biggest drags on the index were BAHL (-81.02pts), ENGROH (-53.22pts), SRVI (-46.55pts), MCB (-44.81pts), and HBL (-37.13pts).

Sector-wise, the KSE-100 Index was supported by Oil & Gas Exploration Companies (+166.31pts), Cement (+100.59pts), Pharmaceuticals (+80.91pts), Oil & Gas Marketing Companies (+33.81pts), and Technology & Communication (+32.30pts).

On the other hand, Leather & Tanneries (-46.55pts), Investment Banks/Investment Companies/Securities Companies (-42.46pts), Power Generation & Distribution (-22.41pts), Automobile Assembler (-9.98pts), and Automobile Parts & Accessories (-8.34pts) weighed on the benchmark.

In the broader market, the All-Share Index settled at 111,273.73, up 483.91 points, or 0.44%.

Overall market activity remained strong, with total traded volume reaching 994.75 million shares, compared with 941.48 million shares in the previous session, while traded value stood at Rs55.79 billion, down Rs1.30 billion.

A total of 509,427 trades were recorded across 493 companies, of which 256 closed higher, 216 lower, and 21 remained unchanged.

To note, the KSE-100 has gained 4,219 points or 2.34% during the fiscal year, whereas it has increased 10,467 points or 6.01% so far this calendar year.

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