PSX positive momentum continues as KSE-100 index gains nearly 1,600 points.

Buying momentum drove the benchmark KSE-100 Index up by nearly 1,600 points during opening hours, reflecting broad-based market participation across key heavyweight sectors.

Possible impact on PSX shares

• OGDC Oil & Gas Development Company Limited▲ Could be positive

  OGDC shares could see sustained positive sentiment as broader market buying momentum lifts heavyweights in the exploration sector.

  Price when this was written: Rs 306.80 · Live price, chart and results

• MCB MCB Bank Limited▲ Could be positive

  MCB may experience positive movement alongside the wider banking sector as overall index gains attract investor capital.

  Price when this was written: Rs 392.50 · Live price, chart and results

• PPL Pakistan Petroleum Limited▲ Could be positive

  PPL could benefit from the ongoing positive momentum lifting heavy-cap stocks across the exchange.

  Price when this was written: Rs 217.90 · Live price, chart and results

• MEBL Meezan Bank Limited▲ Could be positive

  MEBL may share in the positive market trajectory as investor confidence drives inflows into leading commercial banks.

  Price when this was written: Rs 527.30 · Live price, chart and results

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Business Recorder: PSX: positive momentum continues, KSE-100 gains nearly 1,600 points