The Karachi stock market rebounded as the KSE-100 Index surged 3,642 points, closing at 185,099, marking a 2 percent increase. Market analysts at Topline Securities attributed the rally to strong buying by local institutional investors.
Key contributors to the index included OGDC, PPL, HUBC, ENGROH, FFC, UBL, and MEBL, which collectively added 1,725 points. The most actively traded stocks by value were NBP ($22.78 million), OGDC ($22.57 million), PPL ($22.13 million), PSO ($11.42 million), and HUBC ($8.86 million). Overall traded volume and value reached 956 million shares and Rs. 69.37 billion, respectively.
Top movers of the day included AHCL closing at 18.21 with a volume of 72.95 million shares, KEL at 6.4 with 39.19 million shares, PIBTL at 20.93 with 36.20 million shares, MDTL at 8.32 with 34.72 million shares, NCPL at 73.21 with 32.54 million shares, DSL at 7.73 with 28.68 million shares, and CNERGY at 7.62 with 24.40 million shares.
On a weekly basis, the KSE-100 Index rose slightly by 0.37 percent, compared to last week’s 3 percent gain, as reduced inflows from local mutual funds amid US-Iran geopolitical tensions slowed market momentum. Major economic developments included December 2025 car sales at 13,280 units (up 35 percent YoY, down 14 percent MoM), Large Scale Manufacturing (LSM) growth of 10.4 percent YoY and 0.2 percent MoM for November 2025, and a decline in bond yields by 59–70 basis points across different tenors in the recent PIB auction, reflecting expectations of a policy rate cut in the upcoming monetary policy meeting.
Average daily trading during the week stood at 982 million shares, down 24 percent WoW, with a daily traded value of Rs. 58.5 billion, down 26 percent from the previous week.
