Pakistan’s benchmark KSE-100 index rose to a fresh height all the time on Friday and closed at 168,990 points after getting 500 points, or 0.30% day-to-day. Robust market liquidity ran investor enthusiasm, although mild profits in the last hour slightly tempered rally. Trading activity brought up pace as quantities rose to 831 million shares, up from 776 million in the previous session, signaling renewed trust among retail and institutional investors. Year to date, the index has risen 46.79%, reflecting what analysts call a bullish macroeconomic background. Read: PSX smashes past 168,000 marks in the record-breaking rally in the middle of strong investor confidence sector-vis, fertilizers, car collectors and power production and distribution led the charge, which overall added 754 points. Fertilizer contributed 104 points, Autos 90 and Power 48, driven by strong earnings prospects and favorable policies. On the disadvantage, Bank’s index withdrew with 475 points on valuation problems, while drugs throw 102 points. Top winners included Fatima Fertilizer Company (+520.63 points), United Bank Limited (+189.78), Habib Bank Limited (+108.18), Systems Limited (+93.84) and Aarti Industries (+67.56). On Flip Side, Mari Petroleum (-77.46), Maple Leaf Cement (-76.43), weighs MCB (-70.1), HBL variants (-69,71) and bank al HABIB (-60.92) on the index. Read more: PSX closes flat in the middle of profits, ADBS cautious Outlook price, Aarti Industries (+10%), Cenarion Energy (+6.46%) and Fahad Motors (+5.02%) stood out while TPL-Fast Property (-6.65%), Hum Network (-6.67%) and Maple Leaf cement (-5.18%) came under pressure. Analysts at Ismail Iqbal Securities said the rally was driven by ample liquidity and sector rotations, but warned that overbought conditions could trigger additional profits.
PSX crushes record, profit-take weave big
