<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">KSE100 gained 3% during the week (4347 points) to 145382
with index making new highs each day of the week. This was seventh consecutive
positive weekly closing for the index, 21% surge of 25,359 points. Gains were
not broad based this week with index dominated by increase in selected few
stocks such as HBL 12.95%, NBP +10.3%, UBL +3.4%, OGDC +5.8%, SYS 4%, HUBC 6%,
NML +9.3%, NESTLE +13.5%. Majority shares either underperformed or closed in
negative.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">On the macro front, the country reported its fiscal deficit
of Rs6.17 trillion (-5.4% of GDP) in the fiscal year 2025, as compared to a
fiscal deficit of Rs7.2tr (-6.8% of GDP) in the same period of last year....
