The KSE-100 index closed at 185,372 points on Friday, gaining 851 points (+0.46% day-on-day), according to KTrade. Selective buying in key index-heavy sectors, particularly commercial banking and oil and gas, kept the market in positive territory.
Healthy Trading Activity
Trading activity remained robust, with 314 million shares traded on the KSE-100 index. TPLRF1 led volumes with 73 million shares, followed by LOTCHEM at 21 million shares, and PTC at 16 million shares.
Sector Contributions
The gains were primarily driven by the commercial banking and oil and gas sectors. Major positive contributions came from UBL, OGDC, FFC, MARI, PPL, and MEBL.
Outlook
Going forward, investor sentiment is likely to remain cautiously optimistic, with earnings expectations and macroeconomic developments expected to guide market direction. Sector-specific news flow may continue to drive selective buying.
