Investors praised stable interest rates and positive corporate earnings projections, which caused the Pakistan Stock Exchange (PSX) to rally on Tuesday, with the benchmark KSE-100 Index rising more than 1,000 points.
The KSE-100 Index was up 948.95 points, or 0.61%, at 10:05 a.m., trading at 156,333.45. The index continued to rise later in the day, closing at 156,468 after gaining 1,083 points and settling above 156,000.
Cars, commercial banks, cement, fertilizer, oil and gas exploration, refineries, power generation, and OMCs were among the major industries with robust buying.
ARL, HUBCO, MARI, OGDC, PPL, POL, PSO, SNGPL, SSGC, DGKC, HBL, MCB, MEBL, and UBL were among the heavyweights that saw good trading.
