Overview
- The KSE-100 Index touched an intraday high of 163,718.45, up 2,086.72 points or 1.29%, as risk appetite improved.
- SBP Governor Jameel Ahmad signaled an IMF board meeting is likely by December to consider releasing funds under the EFF and RSF totaling about $1.2 billion.
- Ahsan Mehanti of Arif Habib Commodities cited rupee stability and stronger global crude prices as catalysts for the session’s strength.
- Weekly inflation by the Sensitive Price Indicator rose 0.12% for the week to October 30 and stood 5.05% higher year on year, according to official data.
- Following a midweek slide, the market rebounded Friday with a 3.13% surge to 161,631.73, while analysts now see near-term range-bound trade as they watch IMF timing, earnings updates, and ceasefire developments.