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PSX rebounds as KSE-100 crosses 137,000 in early trade

Index records at 137,211.31 points, reflecting a gain of 1,271.44 points, or 0.94%
Published 16 Jul, 2025 11:54am
File photo
File photo

After a short-lived downturn in the previous session, the Pakistan Stock Exchange (PSX) witnessed a renewed wave of buying interest on Wednesday, lifting the benchmark KSE-100 Index beyond the 137,000 threshold in early trading hours.

By 10am, the index was recorded at 137,211.31 points, reflecting a gain of 1,271.44 points, or 0.94%.

The rally was led by robust buying in the energy sector, with oil and gas exploration firms, OMCs, refineries, and power generation companies all trading higher.

Major contributors included ARL, MARI, HUBC, POL, SNGPL, SSGC, and WAFI, which were firmly in positive territory.

A day earlier, the market had seen a volatile session dominated by profit-taking, ending its record-setting streak.

The KSE-100 Index closed Tuesday at 135,940 points, shedding 562.67 points, or 0.41%, from the previous close of 136,502.54.

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Rebounds