ISLAMABAD: The Pakistan Stock Exchange opened the new year on a positive note on Thursday, as investors returned with renewed confidence. Trading began firmly higher, reflecting optimism in the equity market at the start of 2026. Early momentum pushed the benchmark index into positive territory, setting an encouraging tone for the session.
According to market data, the KSE-100 index gained 383 points at the opening bell and climbed to 174,438 points. Analysts said buying interest emerged in key sectors, helping the index recover from the mild pressure seen at the close of last year. Moreover, investors appeared encouraged by stability in the currency market and easing commodity prices.
Market Opens Firmly on First Trading Day
On the final trading day of 2025, the stock market ended with a slight decline. However, the early rebound on Thursday signaled improved sentiment among participants. Traders said investors preferred selective buying, while overall volumes remained steady during the opening minutes of trade.
At the same time, the Pakistani rupee showed marginal strength against the US dollar. According to the State Bank of Pakistan, the dollar slipped by three paisa in the interbank market and closed at Rs280.12. Currency dealers noted that the dollar has gradually eased by one to two paisa over the past 70 days, reflecting relative stability. In the open market, the selling rate of the dollar stood at Rs281.15.
Gold and Silver Prices Continue Decline
Meanwhile, precious metals continued their downward trend in both local and global markets. Gold prices recorded a notable decline, adding pressure on bullion traders. The price of 24-carat gold per tola fell by Rs2,500 to Rs456,962. Similarly, the price of 10 grams of gold dropped by Rs2,143 to Rs391,771.
Market participants said falling international prices and subdued local demand contributed to the decline. Silver prices also followed a similar trend, extending recent losses.
