PSX Starts FY26 With Over 2,500 Points Surge

The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Tuesday, gaining 2,572, a positive change of 2.05 percent, closing at 128,199 points as compared to 125,627.31 points on the last trading day. A total of 1,032,756,027 shares were traded during the day as compared to 1,144,553,310 shares the previous trading day, whereas the price of shares stood at Rs. 44.008 billion against Rs. 35.238 billion on the last trading day. As many as 479 companies transacted their shares in the stock market, 233 of them recorded gains and 206 sustained losses, whereas the share price of 40 companies remained unchanged. Brokerage house Topline Securities highlighted that Fauji Fertilizer Company (FFC) emerged as the standout performer, contributing 565 points to the index. Banking stocks remained in the spotlight as investors actively reshuffled their portfolios. Heavyweights UBL, MEBL, MCB, HBL, and BAHL jointly added 1,221 points to the index, reflecting strong institutional interest. On the flip side, cement stocks faced headwinds as profit-taking kicked in amid weaker local dispatch figures, Topline said.