RECORDER REPORT

KARACHI: Pakistan Stock Exchange (PSX) witnessed a historic rebound on Tuesday as the bulls staged a powerful comeback.

The benchmark KSE-100 Index soared by massive 7,032.60 points to close at 165,476.02, compared with the previous session’s 158,443.42. The index touched an intraday high of 165,866.78 and a low of 160,821.73, marking one of its largest single-day gains in history and reflecting renewed investor confidence following a sharp downturn a day earlier.

On Tuesday, BRIndex100 closed at 17,319.35 points, up 732.21 points or 4.41 percent from the previous close, with a total turnover of 1,012.94 million shares. Similarly, BRIndex30 climbed 2,869.66 points or 5.48 percent to settle at 55,207.91, with a total volume of 661.04 million shares, further underscoring the market’s bullish breadth.

According to a market review by Topline Securities, the brokerage attributed the exceptional rebound to the swift normalization in the law-and-order situation after nationwide protests were called off, which helped restore calm and stability on the trading floor. The report added that positive remarks about Pakistan by U.S. President Donald Trump further boosted investor morale, enhancing expectations of stronger geopolitical ties and fresh foreign interest.

Topline noted that heavyweights such as Lucky Cement (LUCK), United Bank Limited (UBL), Systems Limited (SYS), Engro Corporation (ENGRO), Hub Power Company (HUBC), and Mari Petroleum (MARI) were key contributors, jointly adding around 2,645 points to the index.

Market capitalization increased sharply to Rs 19.1 trillion, up from Rs 18.37 trillion a day earlier — an addition of nearly Rs 728 billion. The ready market recorded a turnover of 1.18 billion shares compared to 1.36 billion in the previous session, while traded value stood at Rs 59.2 billion versus Rs 62.46 billion earlier.

Out of 483 active scrips in the ready market, 391 advanced, 69 declined, and 23 remained unchanged, illustrating a firmly bullish sentiment.

Among the top volume leaders, Bank of Punjab led activity with 100.72 million shares, closing at Rs 34.63. Pakistan Telecommunication Company Limited (PTCL) followed with 79.83 million shares, closing at Rs 37.05, while Pace (Pakistan) Limited traded 74.77 million shares to finish at Rs 18.60.

Top price gainers included Ismail Industries Limited and Hoechst Pakistan Limited posted gains of Rs. 133.17 and Rs101.41 to close at Rs 2,133.17 and Rs 4,010.24, respectively.

On the other hand, Supernet Technologies Limited, and Hafiz Limited ended lower, closing at Rs 1,934.40, and Rs 311.87, respectively.

In sectoral performance, the BR Automobile Assembler Index closed at 25,311.53, gaining 778.51 points or 3.17 percent, with a total turnover of 5.0 million shares. The BR Cement Index settled at 13,363.56, up 755.40 points or 5.99 percent, with a turnover of 65.55 million shares.

The BR Commercial Banks Index advanced 2,274.60 points, or 4.76 percent, to close at 50,069.38, with 152.58 million shares traded. The BR Power Generation and Distribution Index closed at 28,717.47, rising 1,316.03 points or 4.80 percent, with a total turnover of 93.27 million shares.

The BR Oil and Gas Index gained 661.11 points, or 4.87 percent, to close at 14,242.54, with a turnover of 51.84 million shares, while the BR Technology and Communication Index advanced 269.04 points, or 7.17 percent, to close at 4,019.47, with the volume of 229.21 million shares.

The day’s activity underscored a decisive return of investor confidence, driven by improved political stability, heavy institutional participation, and positive global cues. Analysts observed that the exceptional surge in index levels and trading volumes reflected renewed optimism about Pakistan’s economic trajectory and corporate earnings outlook.