Overview
- The KSE-100 closed Friday at 170,765, up about 266 points after a choppy day that saw an intraday low near 169,891 and a late rally to about 171,160.
- Trading activity fell sharply with volume around 482.7 million shares and traded value near Rs19.28 billion, while the Pakistani rupee showed only a marginal gain in the interbank market.
- Pakistan State Oil reported FY26 earnings of Rs32.10 per share, a roughly 28% drop year on year, and approved a final cash dividend of Rs10 per share driven by lower sales volumes and inventory losses.
- The government signed upgrade agreements with four refineries that envisage roughly $5 billion of investment over five years to boost Euro‑V fuel output and cut reliance on furnace oil.
- Markets remain cautious because oil is trading above $100 a barrel and regional security tensions and stalled US‑Iran talks raise inflation and rate risks that could pressure Pakistan’s external position and household fuel costs.