By Hamid Mahmood ISLAMABAD, Jan 19 (INP-WealthPK) The market this week started on a high note. However, the momentum moved to the negative due to delay in the IMF's evaluation. In addition, the high incidence of Covid-19 fuelled speculations about possible limits and smart lockdown. However, optimism returned as the Finance Supplementary Bill was enacted amid tough resistance, putting an end to the uncertainty. Finally, the Pak Rupee strengthened slightly to PKR176.07. The market finished at 45,763.45 points, up by 417.80 points (0.9 percent) over the previous week. Furthermore, the All-Shares index increased by 278 points, while the KSE20 index increased by 100.12 points. The KMI 30 index lost momentum and finished in the red zone, losing 23.42 points on a weekly basis.  

Index	Week Start	Week End	Change	% Δ
KSE 100 Index	45345.65	45763.45	417.80	0.92136732
All Shares Index	31051	31,329.44	278.44	0.896718302
KSE 30 Index	17898.39	17,998.51	100.12	0.559379922
KMI 30 Index	73865.44	73,842.02	-23.42	-0.031706303

Source: PSX Stocks climbed on Monday ahead of start of corporate reporting season, which might herald a comeback in earnings, while the market was also buoyed by an improving economic outlook. The benchmark KSE 100-share Index closed at 45,887.63 points, up 541.98 points or 1.20 percent. The highest index of the day was 45,969.63 points, while the lowest was 45,205.18 points. On Tuesday, stocks finished flat as investors remained wary about the spread of the Omicron variant, which dragged down global commodities. The benchmark KSE 100-share index finished flat, down 0.01 percent or 6.50 points, at 45,881.13 points, compared to 45,887.63 points in the previous session. The day's intraday high was 46,055.12 points, while the day's low was 45,525.01 points. On Wednesday, equities finished little changed, as a drop in the wider market was offset by gains in oil stocks. The benchmark KSE 100-share Index finished at 45,916.25 points, up 35.12 points or 0.08 percent. The highest index of the day was 46,219.77 points, while the lowest was 45,877.45 points. Stocks dipped on Thursday as investors awaited the outcome of a supplementary finance bill impasse in parliament, while a rash of Covid variant cases fuelled new economic concerns. The benchmark KSE-100 Share Index fell 153.05 points, or 0.33 percent, to settle at 45,763.20 points, with an intraday high of 46,002.43 points and a low of 45,693.95 points. Stocks meandered to a double close in lethargic trade on Friday, owing to the fact that there was little to excite investors. The benchmark KSE 100 Shares Index rose 0.25 points, or 0.0 percent, to 45,763.45 points, with the day's high and low being 45,989.23 and 45,734.30 points, respectively. This week, foreign investors are looking to acquire shares worth up to $0.53 million. Banks buy the highest share of the week worth up to $ 6.84 million followed by Individual buying up to $2.93 million, and overseas Pakistani buying $1.68 million worth of stock. The mutual fund went on sale and achieved a profit of $9.95 million, making it the week's greatest selling followed by Companies grabbing the profit of $2.45 million. Foreign companies also went for selling and earned profit of $1.17 million. According to financial analysts, the market is projected to remain bullish in the coming week. With the start of the results season, some industries and stocks are likely to remain in the spotlight. Furthermore, any news on the IMF's sixth review will have an influence on the market. The banking sector (HBL, MCB, MEBL, UBL), oil and gas sector (OGDC, PPL, MARI) and cement sector (LUCKY, FFC) are some of favourite stocks for the upcoming week.