KARACHI: Pakistan's stock market posted a strong weekly performance, with the benchmark KSE-100 Index gaining 1.1% amid improving investor sentiment driven by easing geopolitical tensions and lower global oil prices.
The KSE-100 Index rose by 1,921 points during the week, closing at 172,399 points compared with 170,478 points at the end of the previous week.
During the trading week, the index touched an intraday high of 173,093 points, while its lowest level was recorded at 168,432 points.
Market capitalization increased by Rs191 billion over the week to reach Rs19.12 trillion, reflecting broad-based gains across listed companies.
Average daily trading volume stood at 776 million shares, while average daily traded value was recorded at Rs29 billion.
Market analysts attributed the positive momentum to renewed investor confidence following a reduction in tensions between the United States and Iran, as well as a decline in international oil prices, which improved the outlook for Pakistan's economy and equity market.
More read, KSE-100 index ends higher, gains 276 points in Karachi trading
Earlier, the benchmark KSE-100 Index concluded trading session on a buoyant note, edging higher to close at 169,703 points, registering a gain of 276 points (+0.16%) a modest yet encouraging recovery amid an otherwise turbulent week dominated by geopolitical headwinds.
On the index contribution front, index heavyweights MEBL, MARI, ENGROH, UBL, and POL emerged as the primary drivers of upside momentum, collectively contributing 315 points to the benchmark’s gain, underscoring sustained institutional interest in blue-chip names across the energy and banking sectors.
Market participation remained robust, with total traded volume reaching 772 million shares and total traded value amounting to PKR 27.05 billion.
