PSX Closing Bell: Bulls Deliver a Knockout

The KSE-100 climbed 5,448.56 points, or 3.13%, to finish Tuesday at 179,335.24, Mettis Global reported. It stayed above its previous close throughout the session, with trading ranging from 176,273.72 to 179,424.04. The index recorded 436.82 million shares in volume, while 90 companies advanced, nine fell and one was unchanged.

Commercial banks added the most index points, followed by cement, exploration, fertilizer and power generation companies. FCCL, KOHC and MLCF were among the leading gainers, while CNERGY and ATRL were notable decliners; UBL made the largest positive index contribution. Pakistan received $3.89 billion in remittances in October, up 8.5% from September and 13.8% year on year, according to the State Bank. Mettis Global also cited lower oil prices and reduced concern about possible disruption to Middle East energy supplies as supportive factors.