PSX Closing Bell: The Green Giant Awakens

November 03, 2026 (MLN): The benchmark KSE-100 Index extended its recovery on Tuesday, gaining 1,454.80 points or 0.87% to close at 168,018.86, as aggressive buying in banking, fertilizer, cement, and investment stocks lifted the market.

The rally was driven by renewed buying interest and bargain hunting in heavyweight stocks following recent market weakness. Strong contributions from FFC, ENGROH, MEBL, and EFERT, alongside broad-based gains across key sectors, helped sustain the positive momentum throughout the session.

The index remained in positive territory throughout the day, touching an intraday high of 168,469.78, up 1,905.72 points, while its low stood at 167,308.65, reflecting a gain of 744.59 points.

KSE-100 volume stood at 212.27m shares, with market breadth firmly positive as 67 index companies closed higher, 32 lower, and 1 unchanged.

PSEL led the gainers with a surge of 10%, followed by BML (+8.08%), HINOON (+5.02%), KOHC (+3.66%), and SCBPL (+3.06%).

On the losing side, CNERGY declined 4.40%, followed by THCCL (-3.03%), SHFA (-1.98%), PGLC (-1.79%), and HGFA (-1.65%).

FFC emerged as the largest positive contributor to the index, adding 218.54 points, followed by ENGROH (+146.21pts), PSEL (+119.62pts), MEBL (+115.36pts), and EFERT (+101.57pts).

Conversely, CNERGY dragged the index down by 26.56 points, followed by THCCL (-13.94pts), SRVI (-11.51pts), SAZEW (-9.33pts), and BAFL (-9.15pts).

Sector-wise, Commercial Banks led the gains with a contribution of 388.84 points, followed by Fertilizer (+344.25pts), Cement (+192.07pts), Inv. Banks / Inv. Cos. / Securities Cos. (+151.72pts), and Miscellaneous (+110.92pts).

The index faced pressure from Refinery (-27.48pts), Automobile Assembler (-21.34pts), Leather & Tanneries (-11.51pts), Insurance (-3.01pts), and Close-End Mutual Fund (-2.09pts).

In the broader market, the All-Share Index settled at 101,001.36, gaining 661.96 points or 0.66%.

Total market volume increased to 517.35m shares from 443.43m in the previous session, while traded value rose by Rs2.97bn to Rs20.70bn.

A total of 311,092 trades were recorded across 500 companies, with 270 stocks closing higher, 189 lower, and 41 remaining unchanged.

To note, the KSE-100 has lost 12,283 points or 6.81% during the fiscal year, whereas it has decreased 6,035 points or 3.47% so far this calendar year.

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