KARACHI: The Pakistan Stock Exchange (PSX) concluded trading on Tuesday, on a positive note as benchmark indices extended gains amid sustained investor participation. The session reflected cautious yet steady optimism. The KSE-100 Index, the benchmark of the bourse, advanced by 860.09 points, or 0.46 percent, to close at 188,621.78 points, compared with the previous close of 187,761.69 points. The index remained volatile during the session, touching an intraday high of 188,958.38 points and a low of 187,192.02 points, indicating active trading and continued repositioning by investors.
On Tuesday, the BRIndex100 extended its upward momentum, closing at 20,397.14 points, marking a gain of 131.46 points, or 0.65 percent, compared to the previous session. Total turnover on the index stood at 943.70 million shares. Meanwhile, the BRIndex30 registered a stronger advance, rising by 843.03 points, or 1.32 percent, to close at 64,826.86 points, with a cumulative trading volume of 603.56 million shares.
According to Topline Market Review, the session ended the session in positive territory, although trading remained volatile throughout the day. The brokerage attributed the market’s upward momentum primarily to buying by local mutual funds, as reflected in the previous trading session’s data, which provided underlying support to equities despite intraday fluctuations.
Topline further noted that investor sentiment was also buoyed by a corporate development at Sazgar Engineering Works Limited (SAZEW), which informed the market that it will commence bookings for its CKD models — “TANK-500 Hi4-T 4x4 2.0L Turbo AT PHEV and HEV” — starting Monday, January 26. The company said that pricing and booking details would be announced later in the evening through electronic and social media platforms, a development that contributed to renewed interest in the automobile sector.
In terms of index contributions, Topline highlighted that select heavyweight stocks — ENGROH, Pakistan Petroleum Limited (PPL), Sazgar Engineering Works (SAZEW), Oil and Gas Development Company Limited (OGDC), and Pakistan State Oil (PSO) — collectively added 661 points to the benchmark index. However, these gains were partially offset by losses in Meezan Bank Limited (MEBL), Hub Power Company Limited (HUBC), and United Bank Limited (UBL), which together eroded 249 points from the index, thereby tempering the overall upside.
Market breadth figures highlighted mixed sentiment with a slight positive bias. In the Ready Market, 240 companies closed in the green, 213 finished lower, while 34 remained unchanged, out of a total of 487 companies traded.
Trading volumes improved modestly in the Ready Market. Total Ready Market turnover rose to 1.226 billion shares, compared to 1.199 billion shares in the previous session. The value of shares traded increased to Rs 63.90 billion, up from Rs63.80 billion, reflecting higher activity in selected high-volume stocks. Importantly, market capitalization expanded to Rs21.30 trillion, marking an increase of over Rs110 billion from the previous level of Rs 21.19 trillion.
In the Ready Market, trading activity was concentrated in energy, power, and industrial stocks. Hascol Petroleum Limited topped the volume chart with a turnover of 113.00 million shares, closing at Rs27.47, sharply higher than its previous close of Rs24.97. K-Electric Limited followed with 70.45 million shares, closing at Rs 6.75, while Treet Corporation Limited recorded 58.61 million shares, closing at Rs 36.17.
On the gainers’ board, PIA Holding Company Limited (B) led the advance, surging by Rs200.32 to close at Rs20,966.33, while Sazgar Engineering Works Limited rose by Rs159.34 to end the session at Rs1,903.80. Conversely, Unilever Pakistan Foods Limited emerged as the top loser, shedding Rs 137.41 to close at Rs 28,123.84, followed by Service Industries Limited, which declined by Rs 35.95 to Rs 1,814.62
The BR Automobile Assembler Index closed at 26,620.27 points, posting a net gain of 386.48 points, or 1.47 percent, with a total turnover of 3.99 million shares. The BR Cement Index also ended higher, settling at 14,184.72 points, up 64.06 points, or 0.45 percent, on volumes of 66.53 million shares.
In contrast, the BR Commercial Banks Index closed in the red at 58,707.13 points, declining by 139.73 points, or 0.24 percent, amid a total turnover of 115.81 million shares, reflecting selective pressure on banking stocks. Similarly, the BR Power Generation and Distribution Index slipped by 172.62 points, or 0.58 percent, to close at 29,529.67 points, with trading volumes recorded at 93.13 million shares.
On the upside, the BR Oil and Gas Index emerged as one of the top-performing sectors, climbing 211.14 points, or 1.30 percent, to close at 16,463.42 points, supported by a healthy turnover of 149.28 million shares. The BR Technology and Communication Index also posted solid gains, advancing 44.73 points, or 1.05 percent, to settle at 4,317.60 points, with a total traded volume of 140.86 million shares.
Copyright Business Recorder, 2026
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