The KSE-100 Index rose by 2.5% this week, gaining slightly over 2,900 points and reaching an all-time intraday high of over 119,000.
The sentiment boosters this week included the successful completion of negotiations with the IMF, news and rumors about a potential methodology to address the circular debt issue in the power sector, and the IMF's nof for the proposed plan.
Last week, on Monday (March 10, 2025), the State Bank of Pakistan held its policy rate unchanged at 12.5%. Following that, the market remained mixed for a couple of days but started rising in the last two sessions of the previous week. This bullish trend carried forward into this week.
