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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