Business

Share prices bounce back at Pakistan Stock Exchange

The Pakistan Stock Exchange (PSX) staged a significant recovery on Wednesday, ending its two-day losing streak as the current account balance showed improvement.

During intraday trading, the PSX’s benchmark KSE-100 index surged by 4455.75 points, reaching 177,606 75 points.

Out of 566 futures-market companies, 341 recorded gains, while 127 declined and 98 remained unchanged.

Buying momentum 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 HBL, MCB, MEBL, MARI, OGDC, POL, PPL, HUBCO and PSO, traded in the green.

Pakistan’s current account returned to surplus in January 2026, supported by higher inflows of workers’ remittances.

According to the State Bank of Pakistan (SBP), the current account posted a surplus of $121 million in January 2026, compared with a deficit of $265 million in December 2025. On a year-on-year basis, the external balance also improved, as it also posted $393 million deficit in January 2025.

On Tuesday, the benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend, losing 1,303.52 points, a negative change of 0.75 percent, to close at 173,150.42 points

During the session, the ready market recorded a trading volume of 716.035 million shares with a traded value of Rs 40.471 billion, against 773.291 million shares valuing Rs 46.242 billion in the previous session. Market capitalization declined to Rs 19.666 trillion from Rs 19.781 trillion a day earlier.

K-Electric Limited topped the volume chart with 122.541 million shares, followed by The Bank of Punjab with 79.835 million shares and WorldCall Telecom with 35.505 million shares.

The top gainers included S.S. Oil Mills Limited, which rose by Rs 52.08 to close at Rs 572.85, and Khyber Textile Mills Limited, which gained Rs 42.82 to settle at Rs 1,659.98.

On the losing side, PIA Holding Company LimitedB declined by Rs 187.00 to close at Rs 18,152.00, while Unilever Pakistan Foods Limited fell by Rs 170.17 to close at Rs 26,505.00.

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