Overview

• The benchmark KSE-100 closed at an all-time high of 159,280.09 on Sept 25, gaining 1,043.42 points, or 0.66 percent.
• The federal government signed a Rs1.225 trillion financing agreement with 18 banks at Kibor minus 0.9 percent to refinance power-sector circular debt, which officials described as Pakistan’s largest restructuring.
• Power, banking and oil & gas exploration shares led the advance, with these sectors contributing about 890 index points, according to IIS.
• Liquidity clustered in a few names as volumes stayed heavy—K-Electric topped turnover with about 406 million shares—while foreign investors were net sellers and intraday profit-taking capped gains.
• With an IMF review under way that will determine a roughly $1 billion tranche, investors are watching reform follow-through, and early Friday trade saw the index briefly top 161,000, according to Dunya News.