Trading volumes dropped to 336 million shares from 426 million in the previous session, reflecting cautious activity. The rally was largely supported by Commercial Banks, Oil & Gas Exploration Companies, and Fertilizer sectors, which cumulatively contributed 248 points to the index.
Sector-wise, Banks led the gains by adding 106 points, followed by Exploration & Production (73 points) and Fertiliser (69 points). Conversely, Pharma weighed on the market, dragging the index down by 110 points.
Among individual stocks, FFC (+90.74 points), NBP (+59.78 points), and AKBL (+53.61 points) were the top positive contributors, while SEARL (-102.39 points), MEBL (-65.37 points), and ENGROH (-49.58 points) emerged as the major laggards.
In key market data, the KMI-30 index closed at 211,667, down 0.25%, while the broader KSE-All Share Index edged up 0.08% to 91,988. The rupee remained largely stable, with USD/PKR slipping 0.01% to 281.905.
Market watchers noted that despite the index’s positive close, investor sentiment remained cautious due to volatility in volumes, with participants closely monitoring macroeconomic signals and corporate earnings announcements.