Stocks opens higher, KSE-100 gains over 400 points in early trade

The Pakistan Stock Exchange (PSX) commenced trading on a positive note, with the benchmark KSE-100 Index trading over 400 points during the opening minutes of trading on Wednesday. At 9:35am, the benchmark index was hovering at 170,878.64, an increase of 431.35 points or 0.25%. Buying interest was observed in key sectors, including cement, commercial banks, fertiliser, oil and gas exploration companies, OMCs, power generation and refinery. Index-heavy stocks, including ARL, MARI, POL, SNGPL, HBL, MEBL, NBP and UBL, traded in the green. Pakistan’s equity market ended yesterday’s session in negative territory as broad-based selling outweighed early optimism, leaving investors cautious despite improved liquidity and heightened participation across key sectors. The KSE-100 Index slipped 294.05 points, or 0.17%, to close at 170,447.30 points.