Weekly Market Roundup

August 01, 2026 (MLN): The benchmark KSE-100 Index closed the week ended July 31, 2026, at 176,094.12 points, gaining 5,072.92 points, or 2.97%, on a week-on-week basis from 171,021.20 points recorded on July 24, 2026.

The Pakistan Stock Exchange (PSX) extended its upward momentum during the week, with the benchmark KSE-100 Index registering a strong advance as broad-based buying lifted market sentiment.

The rally was underpinned by gains in heavyweight banking, fertilizer and cement stocks, while investor confidence strengthened following the State Bank of Pakistan's decision to maintain the policy rate at 11.5%, alongside improving macroeconomic conditions and a steady flow of positive corporate earnings.

Market Capitalization

The Pakistan Stock Exchange's market capitalization increased by Rs137.30bn during the week, rising from Rs4.866tr on July 24 to Rs5.003tr on July 31.

In dollar terms, market capitalization increased from $17.51bn to $18.01bn, registering a gain of approximately $498.51m over the week.

The market's USD-adjusted return stood at 2.99%, compared with -2.69% in the previous week, reflecting the benchmark's advance after accounting for currency movements.

On the macroeconomic front, Pakistan’s weekly SPI inflation falls 0.91% for the week ended July 30, while annual inflation rises 9.05% YoY.

Pakistan’s Business Confidence Index rises to 52.4 in July 2026, with inflation expectations easing to 7.0%.

SBP buys $635m from interbank market in April, FY26 net FX purchases reach $7.11bn.

Pakistan’s Consumer Confidence Index remains broadly stable at 35.8 in July as inflation expectations ease.

SBP keeps policy rate unchanged at 11.5%, projects FY27 GDP growth of 3.5–4.5% and end-2026 reserves at $20.2bn.

Index Movers

Sector-wise performance remained broadly positive during the week, with Commercial Banks contributing the largest gain to the KSE-100 Index by 1,951.68 points, followed by Fertilizer (970.43 points),

Cement (524.23 points), Oil & Gas Exploration Companies (393.69 points), Investment Banks/Investment Companies/Securities Companies (241.71 points), Automobile Assembler (206.88 points),

Power Generation & Distribution (119.09 points), Textile Composite (118.10 points), Insurance (109.13 points) and Refinery (94.30 points).

Other sectors supporting the benchmark included Oil & Gas Marketing Companies (51.23 points), Food & Personal Care Products (51.87 points), Technology & Communication (48.15 points),

Pharmaceuticals (46.13 points), Transport (33.62 points), Glass & Ceramics (31.66 points), Cable & Electrical Goods (25.36 points), Property (23.74 points), Engineering (14.51 points), Tobacco (13.94 points), Chemical (11.48 points), Synthetic & Rayon (11.37 points), Leather & Tanneries (8.70 points),

Paper, Board & Packaging (8.29 points), Modarabas (2.81 points), Textile Spinning (1.71 points), Vanaspati & Allied Industries (0.38 points) and Woollen (0.22 points).

The only sectors ending the week in negative territory were Leasing Companies (0.21 points), Textile Weaving (0.58 points), Automobile Parts & Accessories (5.02 points),

Miscellaneous (5.42 points), Sugar & Allied Industries (7.49 points), Real Estate Investment Trust (10.70 points) and Close-End Mutual Fund (12.04 points).

Among individual stocks, FFC emerged as the largest positive contributor to the index, adding 886.28 points, followed by UBL (816.63 points), MEBL (329.28 points),

HBL (240.73 points), ENGROH (197.57 points), BAFL (133.24 points), NBP (127.48 points), LUCK (122.10 points), PPL (120.28 points) and MARI (112.92 points).

On the downside, SYS was the biggest drag on the benchmark, erasing 60.23 points, followed by PIOC (17.05 points), TPLRF1 (15.00 points), HGFA (12.04 points),

HMB (8.30 points), PSEL (7.79 points), JDWS (7.49 points), FFL (7.44 points), INIL (7.06 points) and THALL (5.02 points).

FIPI/LIPI

Foreign investors remained net sellers during the week, recording net equity sales of Rs912.76m ($3.28m).

The selling was primarily driven by Foreign Corporates, which offloaded equities worth Rs1.68bn ($6.03m). Overseas Pakistanis remained net buyers with purchases of Rs759.41m ($2.73m), while Foreign Individuals recorded a marginal net purchase of Rs3.32m ($11,944).

On the local side, Mutual Funds emerged as the largest buyers, with net equity purchases of Rs4.07bn ($14.66m).

Broker Proprietary Trading also remained net buyers with Rs648.75m ($2.33m), followed by Insurance Companies with Rs190.35m ($684,718) and Other Organizations with Rs148.11m ($532,783).

The largest sellers were Individuals, which offloaded equities worth Rs3.30bn ($11.86m).

Banks/DFIs recorded net selling of Rs591.26m ($2.13m), followed by Companies with Rs254.04m ($913,797) and NBFCs with Rs5.74m ($20,664).

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