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

Listen to an in-depth discussion on the circular debt settlement plan and its market impact with Shankar Talreja, Director Research at Topline Securities

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Shuja Qureshi

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With over 20 years of combined experience in media and stock brokerage, Shuja Qureshi is a seasoned professional who hosts a weekly stock market show on Nukta. Passionate about personal finance, he also presents 'How to Money with Shuja Qureshi' on Nukta.

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KSE-100 climbs 1% as energy and cement stocks surge aheadplay icon
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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.

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