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Home Business Pakistan Stock Exchange

KSE-100 Jumps 1,842 Points as PSX Closes Above 186,900

Mohsin Ali (Business Staff Reporter) by Mohsin Ali (Business Staff Reporter)
February 3, 2026
in Pakistan Stock Exchange
Reading Time: 2 mins read
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Karachi: The Pakistan Stock Exchange (PSX) is extending its bullish momentum on Tuesday as the benchmark KSE-100 Index records a strong recovery, gaining more than 1,800 points during the trading session amid broad-based buying across key sectors. Investor confidence remains upbeat throughout the day, pushing the market to close firmly at 186,900.74 points, up by 1,842.91 points or 1.00 percent compared to the previous session.
The trading day begins on a steady note with the index opening at 185,555.89. Early movement remains cautious, with the market briefly touching an intraday low of 185,545.93. However, buying interest soon intensifies, particularly in fertilizer, banking, and technology stocks, which help lift the benchmark to an intraday high of 187,518.79. The upward trajectory continues into the closing hours, reflecting sustained demand for heavyweight shares.
Fauji Fertilizer Company (FFC) emerges as the biggest driver of gains, contributing nearly 274 points to the index. United Bank Limited (UBL) follows with a solid addition of over 131 points, while Engro Holdings, Meezan Bank, and Systems Limited also post notable contributions. Market analysts note that the strength in these blue-chip counters is providing stability and direction to the broader market.
Trading volumes remain strong, with index constituent turnover reaching 390.19 million shares, indicating active participation from both retail and institutional investors. This healthy liquidity is seen as a positive signal, suggesting that the rally is supported by genuine buying rather than short-term speculation.
Performance indicators also reflect encouraging trends. The fiscal year-to-date return stands at 48.77 percent, while the calendar year-to-date gain has reached 7.38 percent, underlining the improving outlook for Pakistan’s equity market. These figures highlight how the KSE-100 has steadily recovered over recent months despite economic challenges.
On the downside, some stocks such as EFERT, PPL, Sazgar Engineering, SNGP, and JVDC face mild selling pressure and act as draggers. However, their negative impact remains limited compared to the overall market strength.
Experts believe that improving macroeconomic stability, better corporate earnings expectations, and renewed investor confidence are helping the market maintain its upward trend. If volumes continue at current levels, the benchmark could test even higher resistance levels in the coming sessions.
Overall, Tuesday’s performance signals optimism on the trading floor, with investors positioning themselves for sustained growth as the PSX continues its recovery phase.

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Mohsin Ali (Business Staff Reporter)

Mohsin Ali (Business Staff Reporter)

Mohsin Ali is a Business Desk Reporter covering Pakistan’s economy, business, financial markets, banking, trade and investment.

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