KSE-100 climbs 1% as energy and cement stocks surge ahead

This week, energy and cement stocks took center stage at the Pakistan Stock Exchange, driving the benchmark KSE-100 index up by 1%, closing at 114,399 points.

The government’s plan to address energy circular debt through a Rs1.25 trillion bank borrowing scheme spurred strong buying interest in energy stocks such as PSO, OGDC, PPL, SNGP, and SSGC, while falling coal prices fueled a strong rally in cement stocks.

Join Shuja Qureshi on Nukta for an in-depth discussion on the circular debt settlement plan and its market impact with Shankar Talreja, Director Research at Topline Securities.