The Pakistan Stock Exchange extended its rally on Friday as the KSE-100 Index gained 851 points to close at 185,372. The advance was driven by selective buying in commercial banking and oil and gas stocks. The positive session reflected improving investor confidence and sustained market activity.
The benchmark index rose 0.46 percent during the session, maintaining its upward momentum for another trading day. Market participants continued accumulating shares in heavyweight sectors that supported the index throughout the session. Meanwhile, trading activity remained strong, with 314 million shares changing hands in the KSE-100 Index.
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According to KTrade, commercial banking and oil and gas companies contributed most to the benchmark’s gains. United Bank Limited, Oil and Gas Development Company, Fauji Fertilizer Company, Mari Energies, Pakistan Petroleum Limited, and Meezan Bank ranked among the leading positive contributors. Their strong performance helped offset weakness in other sectors and kept the market in positive territory.
Among the most actively traded stocks, TPLRF1 led volumes with 73 million shares. LOTCHEM followed with 21 million shares, while Pakistan Telecommunication Company recorded trading of 16 million shares. Healthy turnover indicated continued investor participation despite cautious market conditions.
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Analysts expect investor sentiment to remain cautiously optimistic in the coming sessions. Corporate earnings expectations, macroeconomic developments, and sector-specific news are likely to shape market direction. Selective buying in fundamentally strong sectors could continue supporting the benchmark index.