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Home Business & Stock

PSX turns bullish with 896-point gain

MM News Staff by MM News Staff
February 11, 2026
(File Photo)

(File Photo)

The Pakistan Stock Exchange (PSX) on Wednesday rebounded with the benchmark KSE-100 Index gaining over 800 points following nearly 200-point dip on Tuesday.

At close, the benchmark index settled at 183,049.80, a gain of 896.25 points or 0.49%.

Buying activity was witnessed across major sectors, including cement, commercial banks, fertilizer, oil and gas exploration, oil marketing companies (OMCs), power generation and refineries. Heavyweight stocks such as HUBCO, MARI, OGDC, POL, PPL, PSO, MCB, MEBL and UBL closed in positive territory, supporting the broader market.

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On Tuesday, however, the Pakistan Stock Exchange (PSX) ended slightly lower as persistent selling pressure outweighed selective gains in the fertilizer sector, dampening overall investor sentiment.

The benchmark KSE-100 Index fell by 186.83 points, or 0.10%, to settle at 182,153.55.

Meanwhile, the governor of the State Bank of Pakistan (SBP) said the economy could expand by up to 4.75% in the current fiscal year, countering a recent downward revision by the International Monetary Fund.

At its January policy meeting, the SBP revised its FY26 growth forecast upward to a range of 3.75% to 4.75%, marking a 0.5 percentage point increase from its earlier projection, despite shrinking exports in the first half and a widening trade gap.

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