Weekly Market Roundup

July 11, 2026 (MLN): The benchmark KSE-100 Index closed the week ended July 10, 2026 at 182,241.78 points, losing 3,130.43 points, or 1.69%, on a week-on-week basis from 185,372.21 points recorded on July 03, 2026.

Investor sentiment remained under pressure during the week as escalating geopolitical tensions in the Middle East and fears of potential disruptions to global oil supplies dampened risk appetite.

Concerns that higher energy prices could fuel inflation and weigh on the global economic outlook prompted investors to adopt a cautious stance, while selective value buying towards the end of the week helped the benchmark index recover part of its losses.

Market Capitalization

The Pakistan Stock Exchange's market capitalization declined by Rs89.70bn during the week, falling from Rs5.301tr on July 03 to Rs5.212tr on July 10.

In dollar terms, market capitalization decreased from $19.06bn to $18.74bn, registering a decline of approximately $318.00m over the week.

The market's USD-adjusted return stood at -1.67%, compared with a positive 3.26% in the previous week, reflecting the benchmark's decline after accounting for currency movements.

On the macroeconomic front, The SBP's latest liquidity report projects $24.74bn in foreign currency outflows within a year, with the largest repayments due in the three-month to one-year period, against official reserves of $27.86bn.

Pakistan received $3.47bn in workers' remittances in June 2026, down 18.3% month-on-month but up 2% year-on-year, taking FY26 inflows to a record $41.58bn.

SBP raised Rs2.07tr through the MTB auction, with cut-off yields declining across all tenors by 31–40bps, signaling easing short-term borrowing costs.

Pakistan's central government debt rose 7.76% YoY to Rs81.95tr in May 2026, driven by higher domestic and external borrowing to finance the fiscal deficit.

National Savings Schemes mobilized Rs18.4bn in net savings in May 2026, down from Rs23.9bn in April, with cumulative FY26 inflows reaching Rs269bn.

Index Movers

Sector-wise performance remained broadly negative during the week, with Oil & Gas Exploration Companies exerting the largest drag on the KSE-100 Index by 648.16 points, followed by Fertilizer (447.95 points),

Cement (436.01 points), Investment Banks/Investment Companies/Securities Companies (351.24 points), Commercial Banks (344.47 points), Technology & Communication (288.34 points),

Power Generation & Distribution (275.68 points), Pharmaceuticals (129.87 points), Textile Composite (117.92 points), Leather & Tanneries (75.22 points), Food & Personal Care Products (61.91 points),

Oil & Gas Marketing Companies (41.76 points), Real Estate Investment Trust (28.55 points), and Transport (25.29 points).

On the positive side, Refinery contributed 115.39 points to the index, followed by Synthetic & Rayon (38.20 points), Miscellaneous (20.64 points), Sugar & Allied Industries (11.02 points), Tobacco (8.32 points), Chemical (7.61 points) and Automobile Assembler (3.97 points).

Among individual stocks, FFC emerged as the largest contributor to the index, adding 410.15 points, followed by ENGROH (378.98 points), PPL (284.66 points), OGDC (254.92 points),

HUBC (223.16 points), UBL (205.65 points), SYS (182.39 points), LUCK (177.35 points), BAFL (149.40 points) and MCB (141.26 points).

Other notable positive contributors included MARI (93.54 points), FCCL (83.45 points), AKBL (83.16 points), SRVI (75.22 points), SAZEW (63.35 points), PTC (62.65 points), SNGP (56.51 points), MLCF (48.30 points), NML (41.83 points) and ABOT (38.97 points).

Among the major laggards were HBL (161.47 points), GHNI (90.64 points), CNERGY (65.79 points), ATRL (49.60 points), IBFL (38.20 points), SHFA (34.37 points), NBP (31.57 points), BAHL (30.61 points), PSO (30.12 points) and PSX (27.75 points).

FIPI/LIPI

Foreign investors turned net buyers during the week, recording net equity purchases of Rs2.37bn ($8.53m).

The buying was primarily driven by Foreign Corporates, which accumulated equities worth Rs2.29bn ($8.24m). Overseas Pakistanis also remained net buyers with Rs80.58m ($289,841) worth of equity purchases, while Foreign Individuals posted modest net buying of Rs382,794 ($1,377).

On the local side, Individuals emerged as the largest buyers, with net equity purchases of Rs4.03bn ($14.51m).

Banks/DFIs also remained strong buyers with Rs2.77bn ($9.97m) worth of net purchases, followed by Insurance Companies with Rs535.76m ($1.93m), Broker Proprietary Trading with Rs115.67m ($416,085) and NBFCs with Rs112.85m ($405,944).

The largest sellers were Companies, which offloaded equities worth Rs5.80bn ($20.87m).

Mutual Funds recorded net selling of Rs3.15bn ($11.35m), followed by Other Organizations with Rs987.03m ($3.55m).

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