Buying activity continued at the Pakistan Stock Exchange (PSX) on Thursday, with the benchmark KSE-100 Index gaining over 800 points during the early trading.
At 11:32am, the KSE-100 was trading at 181,125.31 points, up 814.10 points, or 0.45%, from the previous close.
Buying interest was witnessed across major sectors, including cement, commercial banks, fertiliser, oil marketing companies (OMCs) and power generation. Heavyweight stocks such as HUBCO, Mari, OGDC, PPL and UBL were trading in positive territory.
On Wednesday, the PSX staged a recovery as investors returned to buying after two consecutive sessions of profit-taking. Market sentiment also received a boost towards the close following reports of an extension to the US-Iran ceasefire.
The benchmark index ended Wednesday’s session at 180,311.22 points.
Meanwhile, global oil prices declined by more than $1 on Thursday after forecasters cut their 2026 global oil demand projections amid disruptions linked to the US-Israeli war on Iran. However, supply constraints stemming from the conflict continued to provide some support to prices.
Brent crude futures fell $1.29, or 1.5%, to $87.69 a barrel by 0100 GMT, while US West Texas Intermediate (WTI) crude declined $1.30, or 1.6%, to $81.97 a barrel.
