The brand new flat 15% CGT fee for filers and 20% for non-filers might be relevant to solely these shares which can be purchased and offered on and after July 1, 2017. PHOTO: FILE
KARACHI:
Pakistan equities prolonged their bullish run firstly of 2026, with the benchmark KSE-100 Index surging 1.52% on Friday to shut barely above 179,000, pushed largely by sustained shopping for from native institutional buyers. The rally adopted a powerful weekly efficiency marked by positive aspects in banking, fertiliser and vitality shares, whereas sturdy fertiliser gross sales information additional boosted investor sentiment. Regardless of international buyers remaining web sellers, broad-based participation and heavy buying and selling volumes underscored rising confidence out there’s near-term outlook.
“The rally was as soon as once more pushed by home institutional shopping for, with broad-based participation throughout blue-chip shares, reinforcing the prevailing constructive development,” mentioned Ali Najib, Deputy Head of Buying and selling at Arif Habib Restricted.
On the shut of buying and selling, the benchmark KSE-100 Index posted a acquire of two,679.44 factors, or 1.52%, to settle at 179,034.93.
In response to Arif Habib Restricted (AHL), the Pakistan Inventory Alternate (PSX) witnessed a powerful begin to 2026, with the KSE-100 Index gaining 3.85% on a week-on-week foundation. On Friday, market breadth remained constructive as 64 shares closed greater, whereas 35 declined. United Financial institution Restricted (UBL), Engro Fertilisers (EFERT) and Engro Holdings (ENGROH) have been the most important contributors to index positive aspects, rising by 4.73%, 10.0% and a couple of.89%, respectively. In distinction, Fortunate Cement (LUCK), Maple Leaf Cement (MLCF) and DG Khan Cement (DGKC) emerged as the most important drags on the index, shedding 0.54%, 1.09% and 1.16%, respectively.
On the macroeconomic entrance, information from the Pakistan Bureau of Statistics (PBS) confirmed that Pakistan recorded a commerce deficit of $3.7 billion in December 2025. Exports in the course of the month stood at $2.3 billion, reflecting a pointy decline of 20.4% year-on-year and 4.3% month-on-month, whereas imports rose to $6.0 billion, up 2.0% year-on-year and 13.5% month-on-month. Cumulatively, in the course of the first half of FY26, the commerce deficit widened by 34.6% year-on-year to $19.2 billion.
In the meantime, the federal government is reportedly contemplating imposing a levy of as much as 5% on the import of cellphones and digital gadgets below a proposed coverage framework for 202633, a transfer anticipated to be constructive for Airlink, whose shares gained 1.21%. From a technical perspective, AHL famous that rapid help for the KSE-100 is positioned at 175,000 factors, whereas 182,000 factors represents the near-term upside goal for the approaching week.
A Topline Securities market assessment mentioned the KSE-100 Index continued its bullish momentum, gaining 1.52% to shut at 179,039. The rally was attributed to latest shopping for by native establishments on new allocations. Investor curiosity was notably evident within the fertiliser sector, following Topline Securities Restricted’s report, “Pakistan Fertiliser – Urea gross sales for Dec 2025 at an all-time excessive of 1,356,000 tonnes; stock at 0.31 million tonnes.” The fertiliser sector closed 2.7% greater.
The highest constructive contribution to the index got here from UBL, EFERT, ENGROH, PPL, OGDC and FFC, which cumulatively added 1,663 factors. When it comes to traded worth, Financial institution of Punjab (Rs4.28 billion), PSO (Rs3.98 billion), PPL (Rs3.33 billion), OGDC (Rs3.24 billion), MARI (Rs3.16 billion), HUBC (Rs2.56 billion) and MEBL (Rs2.55 billion) dominated buying and selling exercise. Traded quantity and worth for the day stood at 1.1 billion shares and Rs64 billion, respectively.
Total buying and selling quantity within the Prepared Market was recorded at roughly 1.11 billion shares, in contrast with 1.40 billion within the earlier session. The worth of shares traded stood at Rs64.34 billion.
Shares of 484 firms have been traded within the Prepared Market. Of those, 253 shares closed greater, 201 declined and 30 remained unchanged.
Financial institution of Punjab was the amount chief, with buying and selling in 102.5 million shares, gaining Rs1.89 to shut at Rs42.23. It was adopted by Okay-Electrical with 100.09 million shares, dropping Rs0.12 to shut at Rs6.35, and Media Instances Restricted with 43.63 million shares, gaining Re1 to shut at Rs5.84.
Overseas buyers offered shares value Rs7 billion, in accordance with information launched by the Nationwide Clearing Firm.
