Overview
- The KSE‑100 jumped about 3,683 points on Thursday to 168,514, driven by heavy buying and record turnover of roughly 729.4 million shares and Rs35 billion in traded value.
- Optimism for progress in US–Iran negotiations and falling international oil prices were cited by brokers as the main catalysts for the Thursday surge.
- Late‑session selling and muted participation before the Eid holidays erased much of the rally, with the index falling about 670 points to close at 167,844 on Friday.
- Trading volumes and value fell sharply on Friday to roughly 480.8 million shares and Rs22.7 billion while foreign investors net‑sold about Rs534 million, according to the National Clearing Company.
- Market gains and losses were concentrated in a few large caps such as UBL, OGDC, PPL, HBL and Lucky Cement, leaving the PSX highly sensitive to further diplomatic updates, oil moves, and holiday liquidity that could amplify volatility next week.