Pakistan Market Wrap: KSE-100 closes at 148,196 up 1,705 points – By Alpha-Akseer Research

<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The equity market opened on a strong footing but struggled to maintain its upward momentum. The KSE-100 Index recorded an intraday high of 148,396 and a low of 146,404, eventually closing at 148,196 &mdash; reflecting a significant gain of 1,705 points. Despite the rally, trading activity remained relatively muted, with 228.2 million shares changing hands and a total traded value of PKR 27.7 billion.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Major contributors to the index&rsquo;s gain included MEBL (4.2%, 251 points), LUCK (4.2%, 246 points), BAHL (3.9%, 185 points), UBL (0.9%, 99 points), and PPL (2.3%, 91 points). On the volume front, BOP and MLCF led the market with 20 million and 14.5 million...