KARACHI
\nThe Pakistan Stock Exchange extended Thursday\u2019s rebound on Friday, with the benchmark KSE-100 Index gaining 1,841 points, or 1.09 per cent, to close at 170,885.
\nBuying stayed firm through the session. The index traded between 169,400 and 171,037. Ready-market volume reached about 575 million shares, with KSE-100 value at Rs13.2 billion. The All-Share Index rose 1,053 points (1.03%) to 103,297, the KSE-30 added 585 points (1.16%) to 50,883, and the KMI-30 gained 2,523 points (1.05%) to 243,139.
\nBanks were the biggest index driver, contributing 803 points. Cement added 266 points, fertiliser 257 points, exploration & production 129 points and power 80 points, as per KTrade. Top gainers were Fauji Fertiliser (FFC, +225 points), United Bank (UBL, +208), Meezan Bank (MEBL, +142), Lucky Cement (LUCK, +141) and Habib Bank (HBL, +117).
\nLosers were limited. Packages (PSEL), Nestle Pakistan, Ghandhara Industries (GHNI), Adamjee Insurance and Attock Refinery trimmed the index.
\nVolume was concentrated in lower-priced names: Media Times (MDTL) led with 69.7 million shares (+13.2%), followed by WorldCall, Cnergyico, K-Electric and First Capital Securities. By sector, technology stocks were the most traded on the All-Share board (156 million shares), ahead of power, investment banks, refinery and OMCs.
\nKTrade said the advance was supported by buying in banks, cement, fertiliser, E&P and power. \u201cA decline in oil prices remains a key positive macro trigger for Pakistan,\u201d the brokerage noted, adding that further moderation in crude could ease external-sector pressure and lift sentiment. Near-term direction, it said, still depends on the evolving Middle East situation.
\nThe two-day rebound has taken the KSE-100 back above 170,000 after Thursday\u2019s 1,021-point rise to 169,043. International crude has fallen for a third session as Saudi supply concerns eased, even as regional tensions persist.<\/p>\n","protected":false},"excerpt":{"rendered":"
KARACHI The Pakistan Stock Exchange extended Thursday\u2019s rebound on Friday, with the benchmark KSE-100 Index gaining 1,841 points, or 1.09 per cent, to close at 170,885. Buying stayed firm through the session. The index traded between 169,400 and 171,037. Ready-market volume reached about 575 million shares, with KSE-100 value at Rs13.2 billion. The All-Share Index …<\/p>\n","protected":false},"author":4,"featured_media":78403,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-103186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/103186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=103186"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/103186\/revisions"}],"predecessor-version":[{"id":103196,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/103186\/revisions\/103196"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/78403"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=103186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=103186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=103186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}