The Pakistan Stock Exchange (PSX) witnessed a strong rebound on Tuesday, with the benchmark KSE-100 Index climbing over 1,600 points during intraday trade, recovering from the previous session’s losses.

By 12:45pm, the KSE-100 Index was up by 1,619.05 points, or 1.17%, reaching 139,836.63.

The bullish sentiment was driven by strong buying interest across key sectors, including commercial banks, cement, oil and gas exploration, oil marketing companies (OMCs), power generation, and refineries.

Major index movers such as MARI, OGDC, PPL, POL, PSO, SNGPL, HUBCO, MCB, and MEBL were all trading in positive territory.

The rally followed a volatile start to the week on Monday, when the KSE-100 shed 379.78 points, or 0.27%, closing at 138,217.58 amid profit-taking and cautious investor sentiment after a record-breaking run.