Overview
- Friday’s session saw the KSE-100 rise 1,836 points, or 1.01%, to 184,174, after trading as high as 186,620.
- Thursday’s sell-off knocked the index down 6,042 points to 182,338, erased about Rs568 billion in market value, and produced decisively weak breadth.
- Analysts linked the plunge to heightened US–Iran tensions and firmer oil prices, while Fauji Fertiliser Company’s below-expectation results triggered a lower lock and shaved roughly 1,900 points from the index.
- Sentiment improved with official signals of de-escalation plus policy support, including a Rs4.04/kWh industrial power tariff cut, a Rs9/kWh wheeling-charge reduction, and an Export Refinance Scheme rate set at policy minus 6%.
- Volatility stayed elevated on futures rollover and a cautious backdrop after the SBP held its policy rate at 10.5%, leaving the week down about 4,992 points with trading concentrated in a few heavyweight names.