FLASHNEWS:

KSE-100 Index Surges as Market Activity Intensifies

Karachi: The KSE-100 Index saw a significant rise, gaining 576 points to close at 174,473 with a total of 843 million shares traded. SSGC, UNITY, and ATRL led the market in terms of price increase, while KOHC, DGKC, and THALL experienced declines. The day's trading activity was primarily concentrated in the Food, Technology, and Investment Companies sectors.

In other developments, Pakistan and Saudi Arabia engaged in discussions about the regional situation. Economic impacts are escalating in Afghanistan due to a suspension of trade with Pakistan. Additionally, the Prime Minister held a meeting with the UAE president in Rahim Yar Khan.

The State Bank of Pakistan reported a purchase of USD 1 billion in September's interbank dealings, alongside a significant number of digital payment transactions reaching 2.8 billion in the first quarter of FY26. The planning minister described the Q1 growth as quite satisfactory.

The aviation sector is set for changes, with Pakistan International Airlines planning to resume direct flights to London starting in March after receiving necessary clearances. The government also cleared PIA's bid in the Committee on Privatization.

In financial news, Pakistan is on the verge of launching its first Panda Bond in China. Additionally, the country's central bank purchased USD 6.9 billion from the currency market over the past 12 months.

In the energy sector, the Water and Power Development Authority generated 33.12 billion units of hydel electricity in 2025. The sugar industry is calling for deregulation, while the oil industry has requested the government to suspend penalties related to Fotco's flow rates.

Lastly, Oil and Gas Development Company is exploring partnership opportunities in Libya and Vietnam, aiming to expand its international footprint.