Pakistan Market Wrap: KSE-100 Surges as US Trade Deal and Oil Developments Fuel Optimism – By HMFS Research

<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The KSE-100 index extended its bullish momentum in today&rsquo;s session, reaching an intra-day high of 1,771 points on the back of key economic and geopolitical developments. Investor sentiment was significantly uplifted following the finalization of the US-Pakistan trade agreement, which revised tariffs down to 19% from the earlier 29%, providing a notable boost to export expectations. Additionally, the announcement of a strategic partnership between Pakistan and the US on oil reserve development propelled the E&amp;P sector, contributing to market-wide optimism. A reduction in local petrol prices for the next fortnight further supported the bullish tone, offering relief to inflationary pressures and reinforcing investor confidence. By the session&...