PSX ends week higher as KSE-100 jumps nearly 1,500 points; FFC steals the show

Karachi: Investors at the Pakistan Stock Exchange enjoyed a profitable trading day on Friday as the KSE-100 Index surged close to 1,500 points, closing comfortably above the 189,000 level amid strong buying in fertilizer and energy stocks.
The market opened on a positive note at 187,926 points and quickly gathered pace. Buyers dominated the session, pushing the index to an intraday high of 189,566 before it finally closed at 189,166 points.
By the closing bell, the benchmark had added 1,478 points, translating into a 0.79 percent daily gain.
Traders described the session as “steady and broad-based,” with most sectors contributing to the upward trend.
What drove the market?
According to analysts, several factors helped boost sentiment:
Attractive stock valuations
Positive corporate outlook
Strong trading volumes
Growing investor confidence
More than 407 million shares were traded among KSE-100 companies, signaling active participation across the board.
Top performers
The spotlight remained on fertilizer giant FFC, which single-handedly lifted the index by over 1,500 points. Investors accumulated the stock on expectations of stable earnings and dividend payouts.
Other strong movers included:
Engro Fertilizers (EFERT)
Pakistan Oilfields (POL)
Hub Power Company (HUBC)
Engro Holdings (ENGROH)
These stocks kept the market buoyant throughout the day.
Stocks under pressure
Meanwhile, some exploration and banking shares faced mild selling. OGDC and PPL declined amid profit-taking, while UBL and NBP also ended lower.
However, these losses were small compared to the gains in fertilizer and power sectors.
Big picture
The broader trend remains encouraging. The KSE-100 has already gained more than 50 percent in the current fiscal year, making it one of the best-performing markets in the region.
Experts say if economic stability continues, the rally may extend further in the coming weeks.
For investors, Friday’s session reaffirmed that the bulls remain firmly in control of Pakistan’s stock market.