Business

The Pakistan Stock Exchange greeted 2026 with a bull-run – SUCH TV

Published

on



The Pakistan Stock Exchange (PSX) greeted 2026 with a bull-run on Thursday, with the benchmark KSE-100 Index gaining nearly 1,500 points during the opening hours of the trading session.

At about 11:00 am, the PSX’s benchmark index was hovering at 175,551.37, a gain of 1,497.05 points or 0.85 percent.

Out of 565 companies traded so far, share prices of 329 companies were up, 96 down while 140 remained unchanged.

Buying interest was observed in key sectors, including commercial banks, oil and gas exploration companies and OMCs. Index-heavy stocks, including OGDC, POL, PPL, PSO, MCB and UBL, traded in the green.

On a fiscal front, the Fedeal Board of Revenue (FBR) provisionally collected Rs6,154 billion during the first six months (July-December) 2025-26 against the target of Rs6,490 billion, reflecting a shortfall of Rs336 billion.

The shortfall in revenue collection during December 2025 may prompt the government to activate contingency measures as agreed with the International Monetary Fund (IMF).

On Wednesday, the stock exchange closed lower after profit-taking on the last trading day of the year was set in. The index decreased by 418.45 points to settle at 174,054.32 points.

 



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Exit mobile version