Karachi: Strong performances by major index-heavy stocks powered the KMI-30 Index higher at the Pakistan Stock Exchange on January 5, 2026, with ENGROH and EFERT emerging as the top gainers in terms of points contribution.
PSX data showed that ENGROH contributed 794.66 points, followed by EFERT with 513.89 points. Other notable contributors included MEBL (440.09 points), LUCK (427.11 points), and FFC (304.67 points), collectively playing a decisive role in the index’s upward movement.
The index closed at 258,282.78 points, registering a gain of 3,583.71 points compared to the previous session. Analysts believe that buying interest in fertilizer, cement, and banking sector stocks reflected growing confidence in earnings outlooks and sector fundamentals.
Market participants remained active throughout the session, pushing the index close to its intraday high, as bullish sentiment dominated trading.
ENGROH, EFERT Lead KMI-30 Rally as Key Stocks Drive Market Higher
Leave a Reply
Must Read
Related News
The Pakistan Observer brings the latest Pakistan news, breaking updates, business news, forex rates, lifestyle stories and expert opinion.