Opening Bell: Morning Glory Rally
14-Apr-2026
MettisGlobal
April 14, 2026 (MLN): Stocks at the Pakistan Stock Exchange (PSX) kicked off
Tuesday’s session on a strong footing, with the benchmark KSE-100 Index
witnessing a robust surge at the opening bell, reflecting renewed investor
confidence.
At 9:35 am, during early trading, the KSE-100 Index climbed to 164,238.41, registering a gain of 3,647.08 points or 2.27%.

The index maintained a firm positive trajectory throughout
the session so far, hitting an intraday high of 164,373.91 (+3,782.58 points)
and a low of 163,416.54 (+2,825.21 points), indicating sustained buying
momentum.
Market activity, however, remained relatively subdued, with
total traded volume in the KSE-100 Index recorded at 17.65 million shares.
Out of the 100 index companies, 84 were trading in the
green, 2 in the red, while 14 remained untraded, highlighting broad-based
bullish sentiment across the board.
The top gainers, TGL (+5.27%), BOP (+4.90%), FCCL (+4.87%),
PSX (+4.85%), and SSGC (+4.57%) led the rally. On the flip side, THALL
(-5.56%), BNWM (-4.18%), SHFA (-2.86%), PKGS (-2.58%), and GADT (-2.33%) were
among the laggards.
In terms of index-point contribution, the upward momentum
was primarily driven by FFC (+373.20 points), UBL (+303.27 points), ENGROH
(+207.88 points), LUCK (+195.56 points), and HBL (+167.13 points).
Meanwhile, minor drag came from PKGS (-17.80 points) and
RMPL (-3.92 points), with limited impact from other stocks.
Sector-wise, the rally was led by Commercial Banks
(+1,113.23 points), Fertilizer (+507.25 points), Cement (+472.07 points), Oil
& Gas Exploration Companies (+343.97 points), and Investment
Banks/Companies/Securities Firms (+235.31 points).
Slight pressure was observed in Paper, Board &
Packaging, while other sectors showed minimal movement.
In the broader market, the All-Share Index also opened higher, standing at 97,914.22, up by 1,941.49 points or 2.02%.
Oil prices eased in early trade as markets weighed against uncertain diplomatic progress, with traders balancing supply disruption risks from the Strait of Hormuz against hopes of continued negotiations.
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