Islamabad: The KSE-100 Index ended the week on a positive note, rising 266.28 points, or 0.16%, to close at 170,765.22 compared with the previous session’s close of 170,498.94.
The benchmark remained largely subdued during the first half of the session as investors adopted a cautious approach. By midday, the index had gained 133.92 points, or 0.08%, to reach 170,632.86, supported by selective buying in banks, cement, oil and gas, automobile and power stocks. During the day, the index moved between 169,890.56 and 171,159.73, with sentiment remaining weak for most of the session before improving in the final hour.
The late-session recovery came as political uncertainty eased after a major political party postponed its planned protests in Islamabad, reducing concerns over potential disruptions. Investor sentiment also received support from reports that UN Secretary-General Antonio Guterres is scheduled to visit Pakistan on October 6, with the visit linked to Pakistan’s role as a key mediator in the US-Iran conflict.
Meanwhile, developments surrounding a possible truce between the US and Iran also helped maintain market sentiment. Brent crude prices fell 1.51% to around $105 per barrel, trading within a range of $104.52 to $107.17.
At the sector level, Commercial Banks remained the biggest contributor, adding 164 points to the index. Oil and Gas Marketing Companies followed with a contribution of 56.53 points, while the Cement sector added 52.44 points.
Of the total market turnover, the regular cash market accounted for 482.76 million shares worth PKR 19.28 billion. The deliverable futures market recorded 687.87 million shares with a traded value of PKR 27.17 billion.
