The Pakistan Stock Exchange (PSX) continued its bullish momentum on Wednesday with the benchmark KSE-100 Index gaining over 900 points.
At close, the benchmark index settled at 187,832.08, an increase of 931.35 points or 0.5%.
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, and LUCK traded in green.
On Tuesday, the Pakistan Stock Exchange (PSX) maintained its bullish momentum, driven by strong institutional buying, broad-based participation, and rising turnover, which boosted investor confidence across major sectors.
The benchmark KSE-100 Index gained 1,842.91 points, or 1.00%, closing at 186,900.74 points, up from the previous session’s 185,057.83 points.
In a separate development, Pakistan and Kazakhstan on Wednesday signed 36 agreements and Memorandums of Understanding (MOUs) in various sectors, including petroleum, mining, and maritime affairs with Prime Minister Shehbaz Sharif stressing the need to increase bilateral trade volume between the two countries to one billion dollars.
Meanwhile, the Senate on Tuesday passed the Privatization Commission (Amendment) Bill, 2025. The legislation aims to transfer certain powers from the federal government to the prime minister, allowing the appointment, removal, and term-setting for the chairman, secretary, and members of the Privatisation Commission’s Board.
