Karachi: The KSE-100 Index experienced a significant boost, climbing 809 points to close at 151,208, with a trading volume of 454 million shares. The performance was notably driven by the companies POWER, TPLRF1, and SCBPL, which saw the highest price changes. However, UBL, PGLC, and MEHT were among the top decliners. The market's activity was largely focused on the refinery, technology, and banking sectors.

According to Taurus Securities Limited, the market's upward trend highlights a positive shift in investor sentiment, despite geopolitical tensions in the region. The developments in external financing and Pakistan's repayment of UAE deposits have also contributed to the country's improving external stability. Meanwhile, the State Bank of Pakistan has introduced measures to support IT exporters and freelancers, potentially boosting economic activity in the technology sector.

In other economic news, the Oil and Gas Regulatory Authority (OGRA) faced criticism for inadequate monitoring of oil stocks, while the Sindh government launched a digital fuel subsidy for motorcyclists. Additionally, the Prime Minister emphasized the importance of adopting environment-friendly electric vehicles, as Pakistan continues to explore fresh external financing options to stabilize its economy.