Bulls return to PSX as KSE-100 gains nearly 5,800 points in intra-day trade

A day after heavy selling, bulls returned to the Pakistan Stock Exchange (PSX) as investor sentiment improved amid signs of easing geopolitical tensions and reduced political noise. The benchmark KSE-100 Index gained nearly 5,800 points during intra-day trading on Tuesday. At 2:30pm, the KSE-100 Index was hovering at 164,227.39, an increase of 5,783.97 points or 3.65%. Across-the-board buying interest was observed in key sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration companies, OMCs, power generation, and refinery. Index-heavy stocks, including HUBCO, ARL, MARI, OGDC, POL, PPL, PSO, SSGC, SNGPL, and WAFI, traded in the green.