Pakistan’s KSE-100 index rises 0.15% — Dawn
In Karachi, Pakistan, the Pakistan Stock Exchange’s KSE-100 index rose by 248.92 points, or 0.15%, to 171,402.08 points on Tuesday. This was the second consecutive session of positive momentum, although investor sentiment remained fragile due to geopolitical and economic uncertainty, Dawn reports.
Index performance
During trading, the index reached 171,680.74 points and fell as low as 170,866.94 points. Market sentiment was supported by lower international oil prices and expectations of possible de-escalation in relations between the United States and Iran, which eased concerns over inflation and Pakistan’s external account. At the same time, geopolitical uncertainty limited broader market growth.
Shares of Mari Energies, Pakistan Petroleum, Hub Power, Fauji Cement Company and Lucky Cement contributed the most to the index, adding a combined 233 points. Shares of Bank Al-Habib, Fauji Fertiliser and MCB Bank, by contrast, jointly reduced the index by about 172 points.
Trading activity and corporate data
Ali Najib, deputy head of the trading division at Arif Habib Ltd, said market sentiment was fragile at the start of the session. According to him, the index was supported by buyers of undervalued shares amid Saudi Arabia’s efforts to restore flows through an important pipeline and diplomatic efforts to resume shipping through the Strait of Hormuz.
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According to media reports, Iran offered to open the strait within seven days if the United States eases military pressure and lifts the blockade. The report also noted that Iranian President Masoud Pezeshkian arrived in New York for the 81st session of the UN General Assembly.
Sitara Petroleum Service Ltd reported FY26 profit of 4.976 billion Pakistani rupees, or 3 rupees per share, up 69% from a year earlier. In 4QFY26, the company’s profit fell 10% to 570 million rupees, or 0.3 rupees per share, mainly due to inventory losses, lower GO supplies and the absence of volume discounts. Dealer margins remained at 8.64 rupees per liter, and the company declared a final cash dividend of one rupee per share.
Trading volume declined 7.36% to 641.8 million shares, while the value of concluded deals decreased 8.13% to 18.4 billion Pakistani rupees.
