Weekly Market Roundup

November 06, 2026 (MLN): The benchmark KSE-100 Index closed the week ended November 06, 2026, at 173,886.69 points, gaining 7,477.44 points, or 4.49% week-on-week (WoW), from 166,409.25 points recorded on October 30, 2026.

The benchmark posted a weekly gain, crossing the 173,000-point level during the week.

The market rallied during the week as easing geopolitical concerns and a decline in international oil prices improved investor sentiment, while broad-based buying across key sectors, particularly Commercial Banks, Cement and Fertilizer, supported the benchmark's upward momentum.

Market Capitalization

The Pakistan Stock Exchange's market capitalization increased to Rs4.830 trillion during the week, compared with Rs4.660tr on October 30, 2026, registering an increase of approximately Rs170.17bn, or 3.65% WoW.

In dollar terms, market capitalization rose from $16.838bn to $17.459bn, increasing by approximately $621.48 million, or 3.69% WoW.

The USD-adjusted return for the week could not be determined from the supplied data, as the relevant exchange rate comparison was not provided.

On the macroeconomic front, the State Bank of Pakistan (SBP) raised Rs392.83 billion through the fixed-rate Pakistan Investment Bonds (PIBs) auction held on November 04, 2026, up from Rs376.74bn in the previous auction, against total bids of Rs1.30tr, with yields declining across the 2-year, 3-year and 5-year tenors.

Pakistan’s total liquid foreign reserves increased by $110.3m or 0.41% WoW to $26.86bn during the week ended October 30, 2026, driven by a $39.5m increase in SBP-held reserves to $21.56bn and a $70.8m rise in commercial banks’ reserves to $5.30bn.

Pakistan’s Sensitive Price Indicator (SPI) increased by 0.29% WoW and 12.31% YoY in the week ended November 05, 2026, as higher prices of tomatoes, LPG and potatoes outweighed declines in petrol, diesel and essential food items, according to the Pakistan Bureau of Statistics (PBS).

Pakistan’s trade deficit widened by 10.30% MoM to $3.88bn in October 2026, as imports increased 5.72% to $6.81bn while exports edged up 0.21% to $2.93bn, taking the cumulative deficit for July–October FY27 to $14.63bn, up 15.97% YoY.

Pakistan’s Consumer Price Index (CPI) inflation eased to 9.6% YoY in October 2026 from 10.3% in September, while rising 1.1% MoM, with average inflation during 4MFY27 reaching 10.1% compared to 4.8% in the corresponding period last year, according to the Pakistan Bureau of Statistics (PBS).

Index Movers

Sector-wise performance was predominantly positive, with Commercial Banks emerging as the largest contributor to the KSE-100 Index, adding 2,658.99 points, followed by Cement at 1,266.31 points, Fertilizer at 988.48 points, Power Generation & Distribution at 545.46 points, and Investment Banks / Investment Companies / Securities Companies at 534.67 points.

Other major positive contributors included Oil & Gas Exploration Companies at 394.64 points, Miscellaneous at 295.83 points, Technology & Communication at 277.84 points, Automobile Assembler at 190.83 points, and Pharmaceuticals at 165.12 points.

On the downside, Refinery was the largest drag on the benchmark, erasing 238.37 points, followed by Real Estate Investment Trust at 16.43 points, Insurance at 11.91 points, Paper, Board & Packaging at 5.14 points, and Apparel at 4.99 points.

Among individual stocks, FFC emerged as the largest positive contributor to the index, adding 612.75 points, followed by LUCK at 564.02 points, ENGROH at 519.43 points, UBL at 490.88 points, and MEBL at 479.54 points.

Other notable positive contributors included HUBC at 467.87 points, BAHL at 339.25 points, HBL at 301.28 points, NBP at 295.84 points, and PSEL at 290.66 points.

On the downside, ATRL was the largest drag on the benchmark, erasing 162.71 points, followed by CNERGY at 75.66 points, NESTLE at 23.63 points, POL at 18.39 points, and THCCL at 15.91 points.

FIPI/LIPI

Foreign investors recorded net equity sales of approximately $13.87m during the week, mainly driven by net selling of $10.08m by Foreign Corporates.

Overseas Pakistanis recorded net sales of $3.76m, while Foreign Individuals posted net sales of $28,423. In the debt market, Overseas Pakistanis recorded net purchases of $7,420.

Local investors recorded net equity purchases of approximately $13.87m.

Mutual Funds led the buying with net purchases of $27.78m, followed by Companies at $7.95m and Broker Proprietary Trading at $170,699.

Banks/DFIs were net sellers of $9.97m, followed by Individuals at $6.87m, Insurance Companies at $4.86m, Other Organizations at $263,657, and NBFCs at $66,835.

In the debt market, Banks/DFIs recorded net sales of $98.69m, while Mutual Funds posted net purchases of $85.94m. Insurance Companies recorded net purchases of $11.25m, followed by Other Organizations at $1.50m.

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