The Pakistan Stock Exchange (PSX) traded firmly higher on Tuesday, with broad-based buying in heavyweight sectors lifting the benchmark KSE-100 Index by more than 1,200 points during intraday trade, extending the market’s recent gains.
By 1:24pm, the benchmark index stood at 179,488.55, up 1,073.76 points, or 0.60%. During the session, it touched an intraday high of 180,116.89 and a low of 179,020.10.
Strong buying was seen across key sectors, including automobile assemblers, cement, commercial banks, oil marketing companies, oil and gas exploration firms, power generation and refineries.
Several index-heavy stocks traded in positive territory, helping sustain the market’s upward momentum.