Stocks open higher as KSE-100 gains over 500 points

Positive momentum was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 500 points during intra-day trading on Tuesday. At 12pm, the benchmark index was hovering at 182,876.49, an increase of 536.11 points or 0.29%. Buying momentum was observed in key sectors, including automobile assemblers, cement, fertiliser, oil and gas exploration companies, OMCs, power generation and refinery. Index-heavy stocks, including HUBCO, MARI, POL, PSO, SSGC, SNGPL, MCB and UBL, traded in the green. Despite clear signs of improving macroeconomic stability, Pakistan’s economic outlook remains vulnerable to a range of domestic and external risks, the State Bank of Pakistan (SBP) said on Monday, calling for sustained policy discipline and deep structural reforms.