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KMI-30 Closes at 242,931 After Volatile Session at Pakistan Stock Exchange

Web Desk 2 months ago 0

The Pakistan Stock Exchange witnessed a volatile yet positive trading session on February 20, 2026, as the KMI-30 Index closed at 242,931.39, gaining 2,420 points in a notable market recovery. The 1.01 percent increase reflects renewed investor activity following recent fluctuations.
The session began at 241,156.49 and saw early selling pressure push the index to 236,700.70 before buyers regained control. The intraday peak of 244,184.52 highlighted strong upward momentum during mid-session trading.
Oil and gas heavyweight OGDC emerged as the top contributor, while MLCF and PPL strengthened the rally. Technology and diversified holdings stocks further supported the index’s upward move.
Although select stocks including MTL and EFERT posted losses, the overall market breadth remained positive. Analysts describe the rebound as a healthy correction recovery supported by value-based buying.
The fiscal year-to-date growth of 31.39 percent reinforces confidence in Pakistan’s Islamic index performance, even as the calendar year-to-date figure remains slightly negative.
Financial analysts suggest that sustained corporate earnings and macroeconomic stability will determine whether the rally continues. Investors remain attentive to sector developments and external market cues.
The session demonstrates that while volatility persists, the Pakistan Stock Exchange continues to offer opportunities for disciplined investors navigating short-term corrections within a broader growth cycle.

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