KARACHI: Despite a week marred by high-profile developments from geopolitical unrest to the rising commodity prices in the international market, the KSE-100 index managed to finish on a positive note. The outgoing week saw the index rebound to close with 567 points or 1.2% up at 44,551 points. “After posting a sharp decline last week owing to the Russia-Ukraine crisis, the market exhibited a recovery trend throughout the week amid Prime Minister’s relief package announcement increasing from 43,984 points to 44,803 points,” JS Global analyst Wasil Zaman said. The week commenced on a positive note as Russia and Ukraine entered negotiations, however, things turned for the worse as talks halted, which caused global crude oil prices to soar past $114 per barrel in the international market.
