Pakistan Stock Exchange extends its recovery after the long weekend as easing oil prices and reduced geopolitical concerns lift investor sentiment.

The Pakistan Stock Exchange (PSX) recorded a strong bullish session on Tuesday, with the benchmark KSE-100 Index gaining 5,449 points, or 3.13%, to close at 179,335.

The market extended its recovery following the long weekend, supported by broad-based buying across major sectors. Improved investor sentiment, easing international oil prices and reduced concerns about a possible escalation in geopolitical tensions between the United States and Iran supported the upward momentum.

The decline in global crude oil prices also helped strengthen market confidence, encouraging investors to increase their exposure to equities.

Buying interest remained visible across key sectors, with major stocks contributing significantly to the benchmark index’s gains. United Bank Limited (UBL), Fauji Fertiliser Company (FFC), Hub Power Company (HUBC), Lucky Cement (LUCK) and Meezan Bank (MEBL) emerged as the leading positive contributors.

Together, these five companies added approximately 1,982 points to the KSE-100 Index, providing substantial support to the market’s overall performance.

Trading activity remained strong during the session, with total market volume reaching approximately 972.4 million shares. The total traded value stood at around Rs50.7 billion, reflecting active participation by investors.

The latest advance highlights a strong recovery in equities after the extended market break, with investors responding positively to improving external market conditions and reduced geopolitical uncertainty.

The KSE-100 Index’s 3.13% gain also reflects renewed buying interest across major stocks, although market direction will continue to depend on domestic economic developments, global oil prices and geopolitical conditions.