·        Solid close to the year for Pakistan with the KSE-100 above 62k and the KSE-30 above 20.5k.

·        On the Bloomberg index ranking, Pakistan closes the year at #22 with a solid gain of +24.54% (USD).

·        Seasonal tendencies keep Pakistan bullish into Feb, which should coincide with a new all-time high before correcting in Q2.

·        KSE-100 closed the week with a gain of +3.18% MoM and +1.37% WoW.

·        56 shares rose, and 38 fell in the last trading session of the year.

·        PPL PA (+3.59%) contributed the most to gains, while BAHL PA (-2.56%) was the biggest drag on the index.

·        Support remains @ 61k which should provide the base for gains toward 65k in the coming weeks.