The Pakistan Stock Exchange (PSX) ended Tuesday in positive territory after a highly volatile trading session driven by economic data and global uncertainty.
Market Movement
The benchmark KSE-100 Index recovered from early losses and closed higher by 793.53 points (0.48%) at 164,742.47.
During the session, the index swung between:
- High: 164,920.35
- Low: 162,532.99
Early trading saw a sharp drop of over 1,300 points, but buying interest in the second half helped reverse losses.
Pressure from Trade Deficit Data
According to the Pakistan Bureau of Statistics, the trade deficit widened by 3.82% year-on-year in April 2026 to over $4 billion. The increase, driven mainly by higher imports and oil prices, weighed on investor sentiment.
PSX remains subdued ahead of SBP monetary
Sector Support and Recovery
Later in the day, buying emerged in major sectors, particularly:
- Commercial banks
- Oil and gas companies
- Fertiliser stocks
Key contributors included MCB Bank, Meezan Bank, Oil and Gas Development Company, Pakistan Petroleum, Bank Alfalah, and Fauji Fertiliser.
Market Sentiment
Analysts described the session as directionless, with low volumes and cautious investor participation. Broader regional uncertainty and rising global oil prices continued to limit risk appetite.
Outlook
Experts expect the market to remain range-bound in the near term, with sentiment driven by macroeconomic data and global geopolitical developments, particularly oil prices and US–Iran tensions.
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