Weekly Market Roundup

August 08, 2026 (MLN): The benchmark KSE-100 Index closed the week ended August 7, 2026, at 181,430.02 points, gaining 5,335.90 points, or 3.03%, on a week-on-week basis from 176,094.12 points recorded on July 31, 2026.

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

Investor sentiment was also supported by improving geopolitical confidence after Saudi Arabia, Pakistan and Turkey signed the Mecca Joint Defence Agreement, aimed at strengthening regional security and collective defence, while optimism over continued macroeconomic stability and positive corporate developments further sustained buying interest.

Market Capitalization

The Pakistan Stock Exchange's market capitalization increased by Rs150.62bn during the week, rising from Rs5.003tr on July 31 to Rs5.154tr on August 7.

In dollar terms, market capitalization increased from $18.01bn to $18.56bn, registering a gain of approximately $548.36m over the week.

The market's USD-adjusted return stood at 3.06%, compared with 2.99% in the previous week, reflecting the benchmark's advance after accounting for currency movements.

On the macroeconomic front, the State Bank of Pakistan (SBP) raised Rs939.11bn through its Market Treasury Bills (MTB) auction against total bids of Rs2.29tr. Cut-off yields remained unchanged for the 1-Month tenor but eased across the 3-Month, 6-Month, and 12-Month tenors compared with the previous auction.

Pakistan's trade deficit narrowed 15.22% month-on-month to $3.95bn in July 2026 as exports surged 31.09%, while imports remained broadly stable. The monthly improvement came despite the trade gap widening 25.17% year-on-year due to higher import growth.

The State Bank of Pakistan (SBP) raised Rs859.88bn through its Fixed Rate Pakistan Investment Bonds (PIBs) auction against bids worth Rs1.52tr. The 15-Year tenor attracted the highest acceptance, while all bids for the 2-Year tenor were rejected.

Pakistan's headline inflation eased to 9.2% year-on-year in July 2026 from 11.1% in June, although consumer prices rose 1.2% month-on-month. Annual inflation moderated across urban and rural areas, while monthly price pressures picked up.

Index Movers

Sector-wise performance remained broadly positive during the week, with Commercial Banks contributing the largest gain to the KSE-100 Index by 1,919.00 points, followed by Cement (757.30 points), Fertilizer (666.55 points), Oil & Gas Exploration Companies (547.27 points),

Power Generation & Distribution (369.53 points), Technology & Communication (261.00 points), Investment Banks/Investment Companies/Securities Companies (179.18 points),

Oil & Gas Marketing Companies (159.63 points), Automobile Assembler (106.48 points) and Refinery (87.69 points).

Other sectors supporting the benchmark included Pharmaceuticals (61.92 points), Property (52.22 points), Glass & Ceramics (49.27 points), Engineering (33.67 points), Insurance (28.90 points),

Cable & Electrical Goods (28.79 points), Real Estate Investment Trust (28.53 points), Food & Personal Care Products (23.93 points), Leather & Tanneries (23.13 points), Textile Spinning (19.47 points), Chemical (8.15 points), Tobacco (2.44 points) and Woollen (0.07 points).

The sectors ending the week in negative territory were Textile Weaving (0.12 points), Vanaspati & Allied Industries (0.13 points), Leasing Companies (0.16 points), Sugar & Allied Industries (1.48 points),

Modarabas (2.29 points), Close-End Mutual Fund (3.17 points), Automobile Parts & Accessories (3.51 points), Transport (5.66 points), Textile Composite (7.36 points), Paper, Board & Packaging (9.51 points), Miscellaneous (22.32 points) and Synthetic & Rayon (22.51 points).

Among individual stocks, FFC emerged as the largest positive contributor to the index, adding 504.26 points, followed by HBL (432.70 points), MEBL (410.71 points), UBL (324.89 points), MARI (296.95 points), HUBC (291.77 points), LUCK (275.99 points), SYS (204.63 points), BAHL (195.13 points) and ENGROH (173.26 points).

On the downside, MEHT was the biggest drag on the benchmark, erasing 30.42 points, followed by IBFL (22.51 points), NESTLE (16.04 points), PSEL (13.03 points), SHFA (12.74 points), KTML (11.37 points), PKGS (9.51 points), ILP (8.39 points), ATLH (6.70 points) and PIBTL (5.66 points).

FIPI/LIPI

Foreign investors remained net sellers during the week, recording net equity sales of Rs529.80m ($1.91m).

The selling was primarily driven by Foreign Corporates, which offloaded equities worth Rs1.33bn ($4.78m). Overseas Pakistanis remained net buyers with purchases of Rs802.39m ($2.89m), while Foreign Individuals recorded net sales of Rs2.38m ($8,553).

On the local side, Mutual Funds emerged as the largest buyers, with net equity purchases of Rs3.67bn ($13.20m).

Companies also remained net buyers with Rs1.23bn ($4.41m), followed by Broker Proprietary Trading with Rs876.67m ($3.15m).

The largest sellers were Banks/DFIs, which offloaded equities worth Rs3.10bn ($11.16m).

Insurance Companies recorded net selling of Rs1.26bn ($4.54m), followed by Individuals with Rs819.53m ($2.95m), Other Organizations with Rs45.97m ($165,346) and NBFCs with Rs12.97m ($46,655).

Copyright Mettis Link News