Overview
- Pakistan’s KSE-100 closed at 168,990 after an intraday peak near 170,000, extending a multi‑day surge to successive all‑time highs.
- Mutual funds and large institutions dominated demand, with banks contributing roughly 1,800+ points on Thursday before profit‑taking left banks as drags on Friday while fertiliser, autos and power added points.
- Turnover stayed unusually heavy with about 1.57 billion shares traded and roughly Rs78–79 billion in value on Friday, sustaining the high‑liquidity phase.
- Foreign participation turned cautious, with National Clearing Company data showing net selling of about Rs563 million on Thursday and Rs288.7 million on Friday.
- Confidence drew support from the government’s timely $500 million Eurobond repayment, though headwinds persisted with a wider September trade deficit, faster inflation and analyst warnings of overbought conditions.