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PSX Edges Back Above 180,000 as Sector Buying Returns

Easing U.S.–Iran tension plus higher oil risk pushed selected stocks higher, leaving traders cautious as turnover dropped.

Overview

  • The KSE-100 closed up 464.53 points at 180,311.22 following a one-day recovery after recent profit-taking.
  • Oil and gas exploration names led gains while automobile assemblers, cement, banks, fertiliser, oil marketing and power stocks also attracted buying.
  • Trading activity weakened as ready-market volume fell to about 744.2 million shares and traded value dropped to roughly Rs32.1–32.2 billion.
  • Geopolitical signals supported sentiment: Pakistani comments suggesting progress on a U.S.–Iran arrangement and reports of a ceasefire extension lifted mood even as attacks on ships near the Strait of Hormuz and Bab el‑Mandeb raised oil-supply risk.
  • Brokers warned the rally is selective and range-bound, with net foreign selling and thin turnover likely to keep markets cautious until clearer macro or corporate catalysts emerge.