The KSE-100 index closed at 184,174.49 points this Friday, marking a significant daily gain of 1.01%. The session saw the index add 1,836.36 points, recovering from an earlier intraday low of 182,347.48. Trading volume was high, with over 344 million shares changing hands within the index constituents. This recovery highlights the market’s ability to bounce back after seeing a record-breaking plunge earlier in the week due to geopolitical tensions and earnings surprises.
On the leaderboard, Engro Corporation, Lucky Cement, and UBL emerged as the top contributors to the index’s rise. Conversely, Fauji Fertiliser Company (FFC) remained under pressure, dragging the index down by 246.67 points. Despite the intraday swings, the Year-to-Date (CYTD) performance remains in the green at 5.81%. Investors are now looking toward the next week’s opening to see if the KSE-100 can sustain its momentum and challenge the 186,000 resistance level again.
