KARACHI: The Pakistan Stock Exchange (PSX) closed modestly higher on Tuesday as strong buying in banking and cement stocks offset selective profit-taking in energy counters, keeping the index in a relatively narrow range despite intraday volatility.
The KSE-100 Index gained 404.02 points, or 0.23 percent, to close at 177,370.71 points, compared with 176,966.69 points in the previous session. The benchmark moved between an intraday high of 177,775.71 points and a low of 176,577.14 points, a trading range of 1,198.57 points.
The BRIndex100 gained 70.81 points, or 0.36 percent, to close at 19,586.32 points, with trading volume of 506.0 million shares.
The BRIndex30, however, moved against the broader direction, declining 190.21 points, or 0.26 percent, to 73,253.83 points, on volume of about 365.6 million shares.
According to Ali Najib, Deputy Head of Trading at Arif Habib Limited, the market remained range-bound during the session, with contrasting sectoral movements shaping the overall performance. United Bank Limited (UBL), Meezan Bank Limited (MEBL), Fauji Fertilizer Company (FFC), Habib Bank Limited (HBL) and Lucky Cement (LUCK) collectively contributed 668 points to the KSE-100 Index.
This positive contribution was partly offset by selling in energy and other selected stocks. Oil & Gas Development Company (OGDC), Engro Holdings (ENGROH), Systems Limited (SYS), Service Industries (SRVI) and Pakistan Petroleum Limited (PPL) collectively erased 304 points from the benchmark amid selective profit-taking.
The contribution figures indicate that the net impact of the major identified stocks was positive, with the five leading gain contributors adding substantially more points than the five major laggards removed from the index.
The Ready Market saw 499 companies actively traded, of which 223 advanced, 229 declined and 47 remained unchanged.
Regular-market turnover stood at 644.8 million shares, with traded value of Rs31.37 billion.
Overall market capitalisation increased to Rs19.89 trillion, from Rs19.87 trillion, in the previous session. The increase was therefore approximately Rs21.46 billion, representing a gain of around 0.11 percent.
Ready Market turnover leaders Cnergyico PK remained the most actively traded stock, with 117.9 million shares, changing hands. The stock closed at Rs14.27.
F. Nat. Equities followed with 79.3 million, closing at Rs1.30. Pak Refinery recorded 43.0 million, and closed at Rs90.59.
Rafhan Maize Products Company Limited recorded the largest ready-market price gain, rising Rs106.39 to close at Rs9,318.79 per share. Buxly Paints Limited followed, gaining Rs59.53 to reach Rs654.84.
On the losing side, Sindh Abadgars Sugar Mills Limited posted the largest decline, falling Rs37.24 to Rs352.25 per share. Siemens (Pakistan) Engineering declined Rs36.61 to settle at Rs1,516.25.
The BR Commercial Banks Index advanced 559.40 points, or 0.91 percent, to 62,199.58 points, with turnover of 17.7 million shares.
The BR Cement Index increased 105.21 points, or 0.84 percent, to 12,680.65 points, with 44.4 million shares, changing hands.
The BR Automobile Assembler Index rose 151.92 points, or 0.64 percent, to 23,913.02 points, on turnover of 1.67 million shares.
The BR Power Generation and Distribution Index declined 25.75 points, or 0.10 percent, to 26,698.08 points, with turnover of 11.0 million shares.
The BR Oil and Gas Index fell 97.52 points, or 0.62 percent, to 15,524.19 points, with 47.8 million shares, traded.
The BR Tech. & Comm. Index recorded the sharpest sectoral decline, falling 46.46 points, or 1.31 percent, to 3,513.09 points, on volume of 33.1 million shares.
Analysts say overall the market remained positive but lacked the breadth required for a stronger, broad-based rally.
Copyright Business Recorder, 2026