The KSE-100 gained 3,987 points, or 2.29 per cent, over the week to close Friday at 177,873.88, according to Dawn. The index briefly pushed above the 180,000 threshold, touching 180,769, before profit-taking and political uncertainty weighed on sentiment and pulled it back. The weekly low stood at 176,292.
Falling international oil prices helped ease inflation worries and encouraged buying, while Topline Securities pointed to improving sentiment tied to the prospect of de-escalating tensions in the Middle East. Brent crude was trading near $96.10 a barrel by Friday, and October remittances rose 14 per cent year-on-year to $3.9 billion. The first-quarter fiscal surplus for FY27 came in at Rs1,274 billion, down 40 per cent from a year earlier.
Exploration and production firms led the gains, adding 1,058 points to the index, with banks contributing 1,036 points and cement companies 545. Mari Petroleum was the single largest contributor, followed by United Bank, Lucky Cement, Pakistan Petroleum, and Habib Bank, while National Bank was the heaviest drag. Analysts at AHL described the outlook as cautiously optimistic, contingent on stable international oil prices.
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