Pakistan stocks extended their record-breaking rally on Tuesday, with investors continuing to pour money into equities after Monday’s historic surge.
The benchmark KSE-100 Index gained more than 3,000 points during intraday trade, crossing the 180,000-point threshold as strong buying interest persisted across major sectors.
By around 12:09pm, the index had climbed 3,080.85 points, or 1.74 percent, to stand at 180,120.67. Trading activity remained robust, with more than 285 million shares changing hands.
The market opened on a positive note and quickly gathered momentum. The KSE-100 touched an intraday high of 180,154.57 points after starting the session above 177,700 points. The benchmark had closed at 177,039.82 points in the previous session.
Buying interest was visible in several heavyweight sectors, including automobile assemblers, chemicals, commercial banks, oil and gas exploration companies, oil marketing firms and refineries. Major index contributors such as OGDC, PPL, POL, Mari Energies, Attock Refinery, Pakistan State Oil, Habib Bank, MCB Bank and Meezan Bank traded in positive territory, helping lift the broader market.
The latest rally follows Monday’s exceptional performance, when the KSE-100 Index soared 4,639.93 points, or 2.69 percent, to settle at 177,039.83 points. Investors had welcomed the federal budget measures, while improving geopolitical sentiment after reports of a preliminary understanding between the United States and Iran also boosted confidence.
Market participants said easing concerns over potential disruptions to global oil supplies encouraged investors to increase exposure to equities, particularly in sectors expected to benefit from improved economic stability.
Among the most actively traded stocks on Tuesday were Sui Southern Gas Company, Bank of Punjab, TPL Corp, Siddiqsons Tin Plate, TPL Properties, Maple Leaf Cement, WorldCall Telecom, Pak Elektron, Sui Northern Gas Pipelines and Hascol Petroleum.
Several stocks posted sharp gains during the session. GCWLR almost doubled in value, while FFLM, SLM, POWERPS, PPVC, Sui Southern Gas Company and Sui Northern Gas Pipelines were among the day’s strongest performers.
On the losing side, Frontier Ceramics, JS Global Capital, Ruby Textile Mills, Reliance Weaving Mills, TSML, Next Capital, Sarcheshmeh, JATM, Stylers International and GWLC faced selling pressure.
Despite the recent rally, the market remains below its 52-week peak of 191,032.73 points. However, the benchmark index has still delivered a gain of more than 47 percent over the past year. Since the start of 2026, the market has advanced nearly 3.5 percent.
Globally, Asian equities traded cautiously on Tuesday as investors shifted their attention towards upcoming central bank decisions, including expectations surrounding the Bank of Japan’s policy stance.
The optimism generated by the reported US-Iran understanding also began to moderate, with investors weighing its broader geopolitical implications. Oil prices, which had fallen to a three-month low in the previous session, showed little movement as traders assessed how quickly confidence in shipping routes through the Strait of Hormuz could return.
Analysts said the direction of the local market in the coming sessions would depend on the sustainability of foreign and institutional buying, as well as developments on both the domestic economic front and international geopolitical landscape.
