Pakistan’s benchmark KSE-100 index recovered modestly by 11:55am on Friday, rising 65 points from its previous close of 168,893.08 after plunging more than 1,000 points earlier in the morning session.
The index witnessed notable volatility, swinging between an intraday high of 169,379.97 points and a low of 165,811.87 points.
Trading activity remained reasonable, with volumes recorded at 173,907,577 shares, at a value of Rs12,913,331,068.
Among the most active stocks, Unity Foods Limited led the volumes chart, falling 9.96pc to Rs10.67 on 49,674,838 shares. It was followed by First National Equities Limited, which gained 0.66pc to Rs1.53 on 34,058,253 shares, and The Bank of Punjab, which declined 0.31pc to Rs31.71 on 28,048,100 shares.
On the gaining side, Gulistan Spinning Mills Limited emerged as the top advancer, climbing 19.42pc to Rs6.15. Media Times Limited followed with a 12.05pc increase to Rs6.60, while Power Cement (Pref) rose 10.02pc to Rs24.27.
Meanwhile, the decliners were led by LOADS Limited (Right), which plunged 53.12pc to Rs0.30. Trust Securities & Brokerage Limited (R) fell 10.53pc to Rs0.34, and Tri-Pack Films Limited slipped 10pc to Rs162.92.
This dip in the market comes as Pakistan has launched Operation Ghazab lil-Haq against the Afghan Taliban after “unprovoked firing” from across the border.
On Thursday, the benchmark index recovered slightly, gaining 4,266.79 points after this week’s previous sessions saw a sustained sell-off.
