The Pakistan Stock Exchange bounced back in a big way on Tuesday after Monday’s brutal sell-off. Investors jumped right back in with solid buying, driving the benchmark KSE-100 Index up by nearly 10,000 points—specifically 9,696.98 points, or about 6.62%. It closed the day at 156,177.12, recovering a huge chunk of the ground lost the previous session.
Buying returns across major sectors
This rebound came after analysts noted that Monday’s steep drop had created some tempting buying opportunities, pulling buyers into sectors like automobiles, cement, banks, oil and gas exploration, marketing companies, and power generation. Heavyweight stocks such as Attock Refinery, Hub Power, Mari Petroleum, OGDC, POL, PPL, plus big banks like HBL, NBP, and UBL, all finished nicely in the green, spreading the gains across the board and helping rebuild some confidence.
Market swings after Monday’s turmoil
The wild swing followed Monday’s chaos, when geopolitical tensions in the Middle East spooked everyone, combined with a sharp spike in global oil prices, leading to heavy selling. That day, the KSE-100 tanked 11,015.95 points (6.99%), ending at 146,480.15—one of the roughest sessions in recent memory.
Things eased a bit on Tuesday as oil prices pulled back from recent highs. Brent crude dropped $6.51 to $92.45 per barrel, while WTI fell $6.12 to $88.65. Traders say this cooling in oil, along with hopes for less tension abroad, played a key role in the turnaround. Overall, it was a dramatic flip from one extreme to the other in just 24 hours—classic PSX volatility.
