Overview
- The benchmark KSE-100, which reversed course Friday afternoon, closed down 1,200.45 points at 151,707.52 after late selling erased early gains.
- Large-cap oil and banking names led the fall, with OGDC, PPL, NBP, UBL and Mari Petroleum together removing about 614 points from the index.
- Trading thinned as 435.51 million shares changed hands for Rs23.99 billion and overall market value slipped to roughly Rs16.8–16.885 trillion.
- The market finished the week about 0.7% lower following sharp midweek swings, with Brent crude whipsawing between roughly $100 and $111 per barrel and Barrick delaying Reko Diq by 12 months, which pressured exploration stocks.
- Policy signals sent mixed cues, with the IMF sharing a draft reform plan for Pakistan, government bond yields jumping 90–225 basis points at auction, and foreign investors still buying a net Rs563.5 million in shares.