Pakistan Market Wrap: The benchmark index closed on a positive note – By IIS Research

<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The benchmark index closed on a positive note, hitting a new all time high both intraday and at close. The rally was majorly fueled by higher than expected dividends announced by HUBC, strong fertilizer offtakes reported for Aug-25, and encouraging developments on the Chinese IPPs front, which are expected to accelerate the finalization of the power sector&rsquo;s debt resolution with banks. Trading volumes decreased to 338mn shares today as compared to 442mn shares in the previous session. Today, the KSE-100 index gained 1,226 points to close at 152,202 level, up by 0.81% DoD. Power Generation &amp; Distribution, Fertilizer, and Oil &amp; Gas Exploration Companies sectors were the major contributors in today's session, cumulatively adding 829 point...