Bull reins in bourse as KSE-100 index gains 1,172 points to 162,803

FFC, Engro, NBP, HUBC, and TRG scripts dominate market activity

KARACHI:

The Pakistan Stock Exchange extended its bullish momentum on Monday, continuing last week’s rally with a session of positive consolidation. The benchmark KSE-100 Index gained 1,172 points, or 0.72%, to close at 162,803.

The market opened on a strong note, driven by sustained investor optimism, and touched an intraday high of 163,935 points—up 2,303 points or 1.43%—before mild profit-taking pared some early gains, said Ali Najib, Deputy Head of Trading at Arif Habib Ltd.

On the economic front, October 2025 inflation rose to 6.2% year-on-year, the highest since October 2024, compared to 5.6% in September. The increase was attributed mainly to higher food and energy prices amid seasonal and supply-side pressures.

Sector-wise, Fertiliser, Banking, Power, and Technology stocks led the advance, with major contributions from FFC, Engro, NBP, HUBC, and TRG, which collectively added 1,132 points to the index.

Trading activity remained healthy, as volumes surged to 948 million shares with a total value of Rs47.5 billion. HASCOL topped the volume chart, recording 119.5 million shares traded.

Market analysts said the benchmark index continues to move within its consolidation range of 160,000–170,000 points, with expectations that the 165,000 level may be tested in the coming sessions amid sustained buying interest and improving sentiment.