The Pakistan Stock Exchange (PSX) closed Friday’s volatile trading session in positive territory, with the benchmark KSE-100 Index gaining 399.14 points, or 0.23%, to settle at 175,328.82.
The index opened under pressure and fell more than 300 points during early trading. It moved between an intraday low of 174,515.38 and a high of 175,418.29 before late buying helped reverse the earlier losses.
The KSE-100 closed at 175,328.82 compared with Thursday’s close of 174,929.69.
Meanwhile, data from the Pakistan Bureau of Statistics showed that the Sensitive Price Indicator (SPI) increased 0.65% week-on-week for the week ended September 3. Weekly inflation rose 8.35% year-on-year.
Finance Minister Muhammad Aurangzeb also said the government plans to issue a rupee-denominated, dollar-settled bond to diversify borrowing sources and reduce dependence on domestic banks. The announcement follows Pakistan’s recent $3 billion dual-tranche Eurobond issuance.
Global equity markets remained focused on key US employment data, while expectations surrounding US interest rates continued to influence investor sentiment.
Oil prices remained on track for significant weekly gains amid the ongoing US-Iran conflict. Brent crude was up 6.1% for the week, while West Texas Intermediate (WTI) had gained 8.3%.
However, both benchmarks declined during Friday trading. Brent crude fell 0.79% to $94.77 per barrel, while WTI dropped 1.04% to $90.35.
The latest PSX session reflects continued volatility as investors weigh domestic inflation, borrowing plans, international oil prices and geopolitical developments.
