Bulls push PSX above 161,000 as KSE-100 recovers by over 5,000 points

2026-03-05 - 08:24

KARACHI – The Pakistan Stock Exchange (PSX) on Thursday rebounded with massive gains driven by strong buying rally after recent volatility due to regional tensions. The KSE-100 has gained 5,375.86 points to reclaim 161,000 points level, marking a positive change of 3.44 percent. At the time of reporting the story, the benchmark index stands at 161,135.07 points compared to previous close of 155,777.21 points. Strong gains were fueled by heavy buying across key sectors such as oil and gas exploration, oil marketing, power generation, automobile assembly, cement, commercial banking, and refinery shares. On the other hand, Asian markets have also recorded a tentative recovery after it witnessed losses due to escalating war involving the US, Israel and Iran. A day earlier, the benchmark KSE-100 index witnessed a bearish trend on Wednesday, losing 1,354.88 points, a negative change of 0.86 percent, closing at 155,777.21 points against 157,132.10 points on the last trading day. A total of 622,692,153 shares were traded during the day, compared to 770,695,162 on the previous trading day, while the price of shares stood at Rs 29.950 billion, compared to Rs 44.363 billion on the last trading day. As many as 479 companies transacted their shares in the stock market, 201 of them recorded gains and 213 sustained losses, whereas the share price of 65 companies remained unchanged.