Pakistan’s benchmark KSE-100 index recovered modestly by 11:55am on Friday, rising 65 points from its previous close of 168,893.08 after plunging more than 1,000 points earlier in the morning session.

The index witnessed notable volatility, swinging between an intraday high of 169,379.97 points and a low of 165,811.87 points.

Trading activity remained reasonable, with volumes recorded at 173,907,577 shares, at a value of Rs12,913,331,068.

Among the most active stocks, Unity Foods Limited led the volumes chart, falling 9.96pc to Rs10.67 on 49,674,838 shares. It was followed by First National Equities Limited, which gained 0.66pc to Rs1.53 on 34,058,253 shares, and The Bank of Punjab, which declined 0.31pc to Rs31.71 on 28,048,100 shares.

On the gaining side, Gulistan Spinning Mills Limited emerged as the top advancer, climbing 19.42pc to Rs6.15. Media Times Limited followed with a 12.05pc increase to Rs6.60, while Power Cement (Pref) rose 10.02pc to Rs24.27.

Meanwhile, the decliners were led by LOADS Limited (Right), which plunged 53.12pc to Rs0.30. Trust Securities & Brokerage Limited (R) fell 10.53pc to Rs0.34, and Tri-Pack Films Limited slipped 10pc to Rs162.92.

This dip in the market comes as Pakistan has launched Operation Ghazab lil-Haq against the Afghan Taliban after “unprovoked firing” from across the border.

On Thursday, the benchmark index recovered slightly, gaining 4,266.79 points after this week’s previous sessions saw a sustained sell-off.

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Pakistan’s benchmark stock index, the KSE-100, shed 1,080.97 points by 11:10am on Friday.

The index witnessed notable volatility, swinging between an intraday high of 169,379.97 points and a low of 165,811.87 points, compared to its previous close of 168,893.08 points.

Trading activity remained robust, with volumes recorded at 132,890,482 shares, translating into a turnover of Rs8,993,639,716.

Among the most active stocks, Unity Foods Limited led the volumes chart, falling 9.96pc to Rs10.67 on 48,673,774 shares. It was followed by First National Equities Limited, which gained 1.32pc to Rs1.54 on 22,290,789 shares, and The Bank of Punjab, which declined 1.29pc to Rs31.40 on 19,916,532 shares.

On the gaining side, Gulistan Spinning Mills Limited emerged as the top advancer, climbing 19.42pc to Rs6.15. Media Times Limited followed with a 12.05pc increase to Rs6.60, while Power Cement (Pref) rose 10.02pc to Rs24.27.

Meanwhile, the decliners were led by LOADS Limited (Right), which plunged 53.12pc to Rs0.30. Trust Securities & Brokerage Limited (R) fell 10.53pc to Rs0.34, and Tri-Pack Films Limited slipped 10pc to Rs162.92.

This dip in the market comes as Pakistan has launched Operation Ghazab lil-Haq against the Afghan Taliban after “unprovoked firing” from across the border.

On Thursday, the benchmark index recovered slightly, gaining 4,266.79 points after this week’s previous sessions saw a sustained sell-off.

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ISLAMABAD: The Competition Com­m­ission of Pakistan (CCP) has approved the proposed acquisition of the Attock Cement Pakistan Ltd (ACPL) by Fauji Cement Company Ltd (FCCL) and Kot Addu Power Company Ltd (Kapco), following a Phase-I competition assessment conducted under the Competition Act 2010.

FCCL and Kapco filed a pre-merger application for the acquisition of controlling interest in Attock Cement from Pharaon Investment Group Ltd. The proposed acquisition is pursuant to Scheme of Compromises, Arrangement, and Reco­nstruction Agreement dated Jan 30, 2026.

Upon completion of the transaction, Fauji Cement and Kapco will acquire control of ACPL. FCCL, a subsidiary of Fauji Foundation, is a publicly listed company engaged in the manufacture and sale of cement and related products.

Kapco is a publicly listed energy company engaged in power generation and the APCL is a publicly listed cement manufacturer. The seller, Pharaon Investment Group Ltd, is an international investment holding company based in Lebanon.

CCP’s analysis noted that while there is a horizontal overlap between Fauji Cem­ent and Attock Cement, the post-transaction market share would remain below the statutory dominance threshold, and the cement sector in Pakistan continues to have multiple established competitors.

CCP concluded that the proposed transaction is neither likely to create or strengthen a dominant position nor to substantially lessen competition or adversely affect the competitive structure of the market.

Published in Dawn, February 27th, 2026

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