Overview

• KSE-100 jumped 1,775 points on Thursday to close at 157,953 and moved toward 159,000 in early Friday trade, setting fresh record levels.
• The rally followed the Pakistan–Saudi Strategic Mutual Defence Agreement, which states that aggression against one country will be treated as aggression against both.
• Trading activity spiked to about 1.96 billion shares worth roughly Rs56.9 billion, led by heavy turnover in Cnergyico.
• Blue‑chip names including Engro Holdings, National Bank of Pakistan, Mari Petroleum, UBL and Bank of Punjab added around 733–734 points to the index.
• Headwinds persisted with a $245 million August current‑account deficit and Rs919.2 million in net foreign selling, while a 25 bps US Fed rate cut bolstered global risk sentiment.