The PSX KSE-100 rebounds after a sell-off on Thursday, staging a strong recovery after a volatile week dominated by geopolitical tensions in the Middle East. The benchmark index surged more than 5,430 points to close around 161,210, marking one of the strongest single-day gains in recent sessions.
The market had earlier seen a historic plunge of more than 16,000 points on March 2, followed by choppy rebounds and dips. Thursday’s move signalled a clearer improvement in sentiment as buying returned across the board.
PSX KSE-100 Rebounds After Sell-Off on Broad-Based Buying
The KSE-100 Index gained 5,433 points (+3.49%) to close at 161,211, driven by strong activity in multiple index-heavy sectors. Institutional interest was visible across:
- Oil & gas exploration and oil marketing companies
- Power generation
- Cement
- Automobiles
- Refineries
- Banking
Several heavyweight names traded firmly in positive territory, helping lift the broader market tone.
On the sectoral front, gas production slipped 0.1% week-on-week to 2,687 mmcfd in the fourth week of February 2026, while oil production declined 2.9% week-on-week to 59,103 bopd. The source attributes the drop mainly to curtailments in northern fields and relatively weaker demand from the power sector.
Major contributors to the index performance included HUBC, OGDC, FFC, ENGROH, MEBL, PPL, HBL, PSO, MARI, and SYS, which collectively added 3,334 points to the benchmark.
Trading remained active, with total volume reaching 718.6 million shares and turnover at PKR 35 billion. KEL led the volume chart with 115.6 million shares traded.
As the final session of the week approaches, investors will watch whether this momentum holds or whether profit-taking returns after the sharp rebound.
