Pakistan’s KSE-100 index rose to a new historical maximum on Friday, closing at 168,990 points after winning 500 points, or 0.30% day by day. The solid liquidity of the market promoted investor enthusiasm, although a slight profits in the last hour slightly attenuated the rally. Commercial activity accelerated as the volumes rose to 831 million shares, compared to 776 million in the previous session, indicating renewed trust among retail and institutional investors. To date, the index has increased 46.79%, which reflects what analysts call a bullish macroeconomic backdrop. LEA: PSX crushes more than 168,000 brands in a record rally in the middle of strong investors in terms of the sector, fertilizers, car assemblers and energy generation and distribution led the load, collectively adding 754 points. The fertilizer contributed 104 points, Auto 90 and Power 48, promoted by strong profits of favorable profits and policies. On the negative side, Banks dragged the index for 475 points in valuation concerns, while pharmaceutical products show 102 points. The main 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 the other hand, Mari Petroleum (-77.46), arce leaf cement (-76.43), MCB (-70.1), HBL variants (-69.71) and Bank al Habib (-60.92) weighed in the index. Read more: PSX closes flat in the midst of profits, the cautious Perspective of ADB in terms of price, Aarti Industries (+10%), Cenarion Energy (+6.46%) and Fahad Motors (+5.02%) stood out, while TPL Real Estate (-6.65%), the Network of Friends (-6.67%) and the Maple Leaf (-5.18%) cement cement (-5.5.18%) Pressure arose. Ismail Iqbal Securities analysts said the concentration was driven by wide liquidity and sectorial rotations, but warned that overload conditions could cause a greater gain taking.
