Market close

The KSE-100 closed at 173,886.69, down 1,493.18 points or 0.85% from the previous close of 175,379.87. The session ended with a majority of large-cap movers on the down side, while gains were concentrated in a small set of stocks. The watchlist covered 32 names.

This week so far

This week so far the benchmark shows no net change: the reported week high and week low are both 173,886.69, and the week change is recorded as 0 points (0.00%), indicating either a single trading-day sample or that the index was flat across available sessions.

Sector readings for the week show Technology, Refinery and Commercial Banks named as the strongest sectors, and Pharmaceuticals, Oil & Gas Marketing and Cable & Electrical as the weakest — each reported with an average change of 0.00% for the week.

This month

Month-to-date the KSE-100 is up 7,477.43 points or 4.49%. The month high stands at 175,379.87 and the month low at 166,409.25, placing today's close nearer the upper half of the monthly range.

What moved the market

No single news item in The Financial Daily clearly explains the index decline today. While several corporate names recorded meaningful moves, there was no linked TFD story identified as a definitive trigger for the sell-off.

  • Top gainers: National Refinery Limited (NRL) closed at 474.45 (+1.28%), Bank Al Habib Ltd. (BAHL) at 162.24 (+0.84%) and Pakistan Oilfields Limited (POL) at 663.08 (+0.14%).
  • Top losers: Fauji Fertilizer Co. Ltd. (FFC) fell to 562.62 (-3.70%), Hub Power Co. Ltd. (HUBC) to 201.61 (-3.10%), Pakistan State Oil Co. Ltd. (PSO) to 355.10 (-2.13%) and National Bank of Pakistan (NBP) to 175.92 (-2.08%).

The moves left the index lower without an obvious single-driver story from the day's coverage; market participants may have been responding to stock-specific news or portfolio rebalancing rather than a broad headline.

Rupee, gold and oil

  • US dollar in PKR: 276.77 (change +0.21, +0.08%).
  • Gold per 10 grams in PKR: 365,500 (change +3,174, +0.88%).
  • Brent crude, USD per barrel: 95.65 (change -2.67, -2.72%).

Economy watch

  • SBP policy rate: 12.00% (latest official figure from the State Bank of Pakistan).
  • Petrol price: Rs376.06 per litre (latest official government update).
  • Diesel (HSD) price: Rs398.07 per litre (latest official government update).

What investors should watch

Investors will look for clarity on policy moves and industry measures flagged in recent coverage. In particular, the proposed auto policy could influence the automotive and parts supply chain; read the TFD report PM Shehbaz Approves New Auto Policy Draft to Boost Local Manufacturing, EVs and Exports.

External developments matter too: the trade and investment calendar around China — including the CIIE guide and the CPC delegate election process covered by TFD (CIIE 2026: Inside Shanghai’s global marketplace and CPC initiates election process for delegates to 21st national congress) — will be watched for demand signals. Domestically, fuel prices and the standing SBP policy rate remain important macro anchors for markets and corporate margins.

Finally, commodity moves merit attention: Brent crude is trading notably lower today, while gold is higher — both will be monitored for their potential impact on energy, refinery and safe-haven flows.

This brief is market commentary for information only and is not investment advice. Figures as at the close of Monday, 9 November 2026.