The Pakistan Stock Exchange (PSX) opened on a strong note on Tuesday, with investors returning to equities after reports of mediation efforts between the United States and Iran eased concerns over escalating tensions in the Middle East.
The benchmark KSE-100 Index jumped as much as 2,442.72 points in early trade to touch an intraday high of 178,370.45 around 10:09am, with trading volume reaching more than 95.1 million shares.
Although some of the early gains were later trimmed, the market remained firmly in positive territory. By 10:58am, the benchmark index was trading at 177,967.47, up 2,039.74 points, or 1.16 percent.
At 12:48pm, the KSE-100 Index was hovering at 177,195.87, still higher by 1,268.14 points, or 0.72 percent, while traded volume had climbed to 210.8 million shares.
So far during the session, the market has moved between an intraday low of 176,930.74 and the early high of 178,370.45. The index had settled at 175,927.73 in the previous session. On a year-on-year basis, the benchmark remains up 28.2 percent, while it has gained 1.8 percent since the start of 2026.
Buying interest was seen across major sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration companies, oil marketing companies and power generation. Heavyweight stocks such as HUBCO, Mari Energies, OGDC, PPL, POL, HBL, MCB, MEBL and NBP traded in positive territory, providing support to the benchmark.
Among the most actively traded stocks were Cnergyico PK, TPL Properties, Trust Securities and Brokerage, Pakistan Refinery, Bank of Punjab, WorldCall Telecom, First National Equities, TPL Corp, K-Electric and Unicol.
Monday’s session had ended only slightly higher after the market erased steep early losses through aggressive buying in blue-chip stocks, helping the KSE-100 Index close 124.95 points, or 0.07 percent, higher.
Across the region, Asian shares also advanced on Tuesday as hopes of diplomatic efforts in the Middle East pushed oil prices away from one-month highs, improving investor sentiment ahead of a busy corporate earnings season.
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