Karachi, January 28, 2026 — The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) closed Wednesday’s trading session on a positive note, gaining 177 points despite heightened volatility and range-bound market conditions.
The KSE-100 index settled at 188,380 points, compared to the previous session’s close of 188,203 points, reflecting a modest increase of 0.09%. Market participants remained cautious throughout the day as futures rollover week exerted pressure, resulting in sharp intraday fluctuations.
According to analysts at Topline Securities Limited, the index experienced a highly volatile session, swinging sharply on both sides before staging a strong recovery. At one point during the session, the benchmark surged to an intraday high of 981 points, indicating underlying investor confidence despite prevailing uncertainty.
Buying interest in key heavyweight stocks played a crucial role in supporting the index. Shares of United Bank Limited (UBL), Pakistan Petroleum Limited (PPL), Pioneer Cement (PIOC), Oil and Gas Development Company (OGDC), and Pakistan Oilfields Limited (POL) collectively contributed 689 points to the benchmark.
However, gains were partially offset by profit-taking in select stocks, including Fauji Fertilizer Company (FFC), Mari Petroleum (MARI), and Hub Power Company (HUBC), which together erased around 430 points from the index.
Overall market activity remained strong. Total trading volume reached 952 million shares, while value turnover stood at Rs48.8 billion. K-Electric (KEL) topped the volume chart, with 198 million shares changing hands, highlighting continued investor interest in high-liquidity stocks.
Despite the subdued net gain, analysts believe the session reflected market resilience amid ongoing rollover-related uncertainty.