Positive sentiments are returning to the Pakistan Stock Exchange (PSX), where the benchmark KSE-100 Index surged by over 4,000 points on Wednesday afternoon. By 1:55 p.m., the index had climbed to 177,189.87, marking a 2.33% increase from its previous day’s close.
The rise was largely attributed to increased buying activity in key sectors such as automobile manufacturers, cement producers, commercial banks, oil and gas exploration companies, OMCs (Oil Marketing Companies), power generation firms, and refineries. Notably, index-heavy stocks including HBL, MCB, MEBL, MARI, OGDC, POL, PPL, HUBCO, and PSO have been trading in the green.
The country’s current account also showed a positive outlook for January 2026, reversing its deficit from December. According to State Bank of Pakistan (SBP) reports, this month’s current account surplus stood at $121 million, compared to a deficit of $265 million in December and a $393 million deficit the previous year.
While Tuesday’s trading session witnessed downward pressure on the index as foreign and domestic participants continued their selling activities across various sectors including banking, energy, power, and telecoms. The KSE-100 Index closed at 173,150.42 points, indicating a decline of 1,303.52 points or 0.75% from its previous day’s close.
This positive momentum on Wednesday contrasts sharply with Tuesday’s session, highlighting the evolving market sentiment in light of recent economic indicators and government policy announcements.