The Pakistan Stock Exchange (PSX) witnessed bullish momentum in the early hours of trading as the benchmark KSE-100 Index gained nearly 700 points on Thursday.
At 11:23am, the benchmark index was trading at 187,728.64, up 695.38 points or 0.37%.
Buying activity was observed across key sectors, including automobile assemblers, cement, fertilizers, oil and gas exploration companies, OMCs, and refineries. Major index-heavy stocks such as MARI, OGDC, SNGPL, WAFI, INDU, LUCK, HBL, MEBL, and UBL closed in positive territory.
On Wednesday, the PSX witnessed a sharp reversal as widespread profit-taking and heavy selling in index-heavy stocks dragged the market into negative territory, erasing the previous session’s gains.
The benchmark KSE-100 Index fell by 1,588.52 points, or 0.84%, closing at 187,033.27 points.
Meanwhile, foreign assistance to the country in the first half of FY2025-26 reached USD 4.51 billion, marking a 20% increase compared to the same period last year.
Data from the Economic Affairs Division shows that multilateral and bilateral loans and grants in December totaled USD 1.47 billion, up from USD 511.49 million in November.
