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OGDC Leads PSX Rally as KMI-30 Climbs Sharply on March 18, 2026

Web Desk 1 month ago 0

The Pakistan Stock Exchange experienced a strong rally on March 18, 2026, with the KMI-30 index closing significantly higher, driven by energy and banking sector stocks.

OGDC dominated the session, contributing over 1,091 points to the index, making it the top performer of the day. PPL followed with a strong contribution of 847 points, while MEBL, FFC, and MARI also supported the upward trend.

The index opened at 215,887 points and steadily climbed throughout the day, reaching a peak of 222,038 points before settling at 221,684 points.

The overall market sentiment remained positive as investors responded to favorable economic signals and expectations of policy stability.

Meanwhile, MTL was the only stock that recorded a negative contribution, though its impact remained minimal.

The FYTD performance of 19.90% reflects strong yearly growth, suggesting that the market has recovered significantly from earlier downturns.

Analysts advise investors to remain cautious despite the bullish trend, as market volatility can still impact short-term movements.

Top Movers – KMI-30

CategoryStockPoints
Top GainerOGDC+1,091.98
GainerPPL+847.49
GainerMEBL+761.03
GainerFFC+615.83
GainerMARI+423.54
DraggerMTL-0.89
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