PSX KSE-100 Tests 162,000 Level: Market Navigates Energy & Geopolitical Crosswinds

Benchmark Index Action

The Pakistan Stock Exchange (PSX) KSE-100 index has experienced mild consolidation, pulling back toward the 162,000–163,000 mark as institutional participants lock in gains following an extraordinary multi-month bull rally.

Sector Observations

• Refineries & Energy: Heavyweights like Attock Refinery, PSO, and OGDC saw active two-way trading as global oil benchmarks fluctuated above \$110/barrel.
• Banking Counters: Commercial banking shares showed defensive resilience, supported by high single-tier dividend yields and robust net interest spreads.

Technical Support

Key support is identified around the 158,500–160,000 psychological threshold. Analysts maintain that the structural bull market remains firmly intact over medium horizons.