Overview
- The market staged a strong two-day recovery earlier this week, rising 2,931.71 points on Wednesday and a further 1,761.66 points on Thursday, which put the KSE-100 back above the 181,000 mark.
- Thursday’s advance was broad and active, with volumes near 793 million shares and traded value around Rs40.3 billion as institutional buyers and a handful of heavyweight stocks drove gains.
- Topline-listed heavyweights such as UBL, MARI, FFC, LUCK and BAHL together contributed roughly 717 points to the index’s Thursday rally.
- Profit-taking and renewed regional tensions pushed the KSE-100 down 346.57 points on Friday to close at 181,430.02, with reported net foreign selling of about Rs989.8 million and lower turnover than Thursday.
- The market is now cautious and range-bound; participants say they will watch further Middle East developments, oil-price direction and corporate earnings for the next clear trading catalyst.