PSX KSE-100 Rebounds Toward 167,000 Level on Corporate Dividend Support

Bulls Defend 166,000 Mark

The Pakistan Stock Exchange (PSX) opened November trade on a constructive note, with the benchmark KSE-100 index trading near 166,400–167,000 points as institutional buyers responded favorably to generous corporate earnings distributions.

Sector Movers

• Commercial Banks: MCB Bank, UBL, and Meezan Bank maintained strong buying interest due to exceptional double-digit dividend yields and robust capital adequacy.
• Fertilizers & Chemicals: Engro and Fauji Fertilizer saw price stabilization on steady urea retail off-take and cash generation.
• Turnover Expansion: Daily traded value across ready and futures boards expanded by 14% over last week's averages.