Overview
- The KSE-100 closed at 172,400.73 after a 1,570-point climb, with 797 million shares traded and Rs38 billion in value.
- Pakistan International Airlines’ privatization was reported finalized at Rs135 billion, a major deal that lifted investor confidence.
- Local reports said an Arif Habib–led consortium secured a 75% stake in PIA, though sourcing on the winner was more limited than other confirmations.
- A 50-basis-point State Bank policy cut to 10.5% and a strong treasury-bill auction that raised Rs883 billion with lower yields supported liquidity.
- Heavyweights ENGROH, PPL, SYS, NBP and MLCF contributed 774 points, while the index rose 0.58% for the week as analysts flagged momentum for further divestments and reform.