Pakistan Stock Exchange rebounds on Friday but ends week lower amid US‑Iran tensions
The Pakistan Stock Exchange’s benchmark KSE‑100 index closed at 182,241 points on Friday, gaining 982 points (0.54%) on the day after strong buying. Trading volume reached 948.8 million shares, valued at Rs 38.4 billion, and market capitalisation rose to Rs 20.503 trillion.
Despite the daily gain, the index fell 1.74% over the week, losing 3,131 points and slipping below key psychological levels. The weekly decline was attributed to heightened US‑Iran geopolitical tensions and rising global oil prices, which dampened investor confidence and prompted profit‑taking. Market‑wide selling reduced total market capitalisation by Rs 259 billion.
Top volume leaders were Cnergyico PK, K‑Electric Ltd. and WorldCall Telecom. Leading gainers included Khairpur Sugar Mills and Ghandhara Industries, while Blessed Textiles and Premier Sugar Mills were among the decliners.