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Market Brief · Wednesday, 24 June 2026

Buyers take charge: KSE-100 rises 1.06% to 179,571 as breadth flips green and up-volume dominates

Macro & index overview

KSE-100

179,571

+1.06%

KSE-30

53,548

+0.99%

KMI-30 (Shariah)

256,726

+0.76%

All-Share

108,601

+1.00%

Market breadth 434 tracked names
▲ 255 advancing 30 unchanged ▼ 149 declining

Market Pulse

Wednesday closed higher across the board. The KSE-100 rose 1.06% to 179,571, up from the prior 177,693 close, with the KSE-30 (+0.99%), Shariah KMI-30 (+0.76%) and All-Share (+1.00%) all higher. Breadth confirmed the tape rather than fighting it: across the 434-name tracked universe, 255 advanced against just 149 decliners, and the volume split was emphatic — roughly 636m shares traded up versus only 153m down, a near four-to-one skew. Crucially, the buying reached the index drivers rather than sitting only in mid-caps: cements, commercial banks and the exploration complex were all green on heavy turnover. This reads as broad re-engagement, not a narrow mid-cap bounce.

Sector micro-analysis

Leadership was broad. Textile Spinning (+3.00%, 21 up / 7 down), Property (+2.26%) and Textile Composite (+2.12%, 22 up / 7 down) topped the table, with Inv. Banks / Securities (+1.55%) also firm. More important for the index, the heavyweight sectors participated: Cement (+1.14%, 11 up / 7 down) via MLCF (+3.7%) and DGKC (+1.5%), Oil & Gas Exploration (+0.82%, 4 up / 0 down) with OGDC (+0.5%) and PPL (+1.5%), and Commercial Banks (+0.71%, 15 up / 4 down) led by UBL (+3.2%). The soft spots were narrow — Apparel (−2.26%), Close-End Mutual Funds (−2.00%) and Oil & Gas Marketing (−1.33%, 2 up / 6 down) — rather than any broad weakness.

SectorAvg changeBreadth (A / D)
Textile Spinning +3.00% 21 / 7
Property +2.26% 4 / 1
Textile Composite +2.12% 22 / 7
Inv. Banks / Inv. Cos. / Securities Cos. +1.55% 20 / 5
Apparel -2.26% 2 / 1
Close - End Mutual Fund -2.00% 0 / 3
Oil & Gas Marketing Companies -1.33% 2 / 6
Top movers

Gainers

  • FTSM +10.00%
  • JATM +10.00%
  • FML +10.00%
  • AATM +10.00%
  • SZTM +10.00%

Losers

  • INKL -10.00%
  • FFLM -10.00%
  • ASLPS -9.00%
  • PKGP -7.90%
  • FANM -6.70%

Most active

  • KEL 113m +3.90%
  • PIBTL 73m +5.30%
  • WTL 39m +0.80%
  • PAEL 31m +2.30%
  • MLCF 27m +3.70%

Market Action

Foreign (FIPI) net

−PKR 651m (−$2.3M)

Local (LIPI) net

+PKR 651m

Source: NCCPL FIPI/LIPI · settled 24 Jun 2026

Participant flows (NCCPL FIPI/LIPI, 24 Jun): foreign investors were net sellers of PKR 0.65bn (USD 2.3m), so the day's advance was locally funded. Broker proprietary desks (+PKR 1.26bn) and companies (+0.25bn) were the main local net buyers and individuals the main net sellers (−0.89bn); the outsized Banks/DFI net sell (−PKR 5.48bn) against Mutual Funds' net buy (+5.47bn) reflects a large negotiated (BNB) crossing rather than open-market flow.

Outlook

  • A 1.06% gain with positive breadth and a near four-to-one up-volume lead is a broad-based advance rather than a narrow one — participation was wide.
  • The heavyweights joined in: cements (MLCF, DGKC), banks (UBL) and energy (OGDC, PPL) were all bid, so the move rests on broad participation rather than a narrow mid-cap group.
  • With the index above 179,500 and breadth confirming, follow-through would need the heavyweight bid to hold into the next session.

What to watch

  • Whether the heavyweight bid in energy (OGDC, PPL), banks (UBL, NBP) and cements (MLCF, DGKC) carries into the next session
  • Follow-through in the busiest names after sharp gains — KEL, PIBTL and PAEL
  • Whether the day's positive breadth holds or narrows back toward the large caps
  • USD/PKR, SBP rate signals and the global crude tape

Produced by Wealth Street — a SECP-regulated PSX & PMEX broker — for information and education only. Not investment advice or a solicitation. Figures are derived from the PSX data portal and presented as Wealth Street commentary, not a redistributed data feed; breadth and sector stats cover the tracked large-cap universe. Flows are directional estimates unless attributed to NCCPL FIPI/LIPI data. Please read our Risk Disclosure.