Overview
- The benchmark index touched an all-time intraday high of 174,411.72 before closing near 173,896, up 1,496 points for the day.
- Deputy Prime Minister Ishaq Dar said the UAE is set to acquire shares tied to the Fauji Group to help settle a $1 billion liability, as Pakistan also seeks a rollover of an additional $2 billion.
- Trading was heavy, with reported volumes in the high hundreds of millions of shares and turnover in the tens of billions of rupees, reflecting elevated risk appetite.
- Fauji Fertiliser, UBL, PTCL, Engro Fertilisers and Systems Limited were key contributors as analysts linked gains to the prospective UAE transaction.
- Brokers estimate the KSE-100 returned roughly 48% in 2025 as falling rates drew domestic liquidity into equities, while a reported PIA privatisation surfaced in only one outlet and remains unverified.