Market close

The KSE-100 Index closed at 177,942.91 points, up 569.15 points or 0.32% from the previous close of 177,373.76. Market participants saw broad but shallow buying led by energy and fertiliser stocks; volume data are not provided in the market facts.

Top intraday movers included MARI (Mari Energies Limited), which rose 5.43% to 717.00, and FATIMA (Fatima Fertilizer Co. Ltd.), which gained 4.35% to 152.70. Other notable risers were PPL (Pakistan Petroleum Limited) at 226.20 (+1.98%) and LUCK (Lucky Cement Ltd.) at 442.70 (+1.45%). Among decliners, NBP (National Bank of Pakistan) fell 1.24% to 173.10 and DGKC (D.G. Khan Cement) eased 1.20% to 203.89.

This week so far

The KSE-100 is higher by 4,056.23 points, or 2.33%, so far this week. The index has traded between a week low of 173,886.69 and a week high of 179,335.24, leaving today's close nearer the middle of the weekly range.

Sector breadth for the week shows the strongest performance from Cable & Electrical (avg +6.33%), Oil & Gas Exploration (avg +4.07%) and Oil & Gas Marketing (avg +3.92%). The weakest sectors were Refinery (avg -3.92%), Engineering & Steel (avg -0.03%) and Technology (avg +0.47%). The concentration of strength in oil & gas-related sectors helps explain why exploration and marketing names outperformed the benchmark this week.

This month

On a monthly basis the KSE-100 is up 11,533.66 points, or 6.93%, with a month high of 179,335.24 and a month low of 166,409.25. The index remains closer to its monthly high than its low, signalling positive momentum over the month.

What moved the market

Today’s modest rebound came after a sharp reversal on Thursday. That earlier move was reported in our coverage titled PSX plunges 1,710 points as profit‑taking drags KSE‑100 below 178,000, which described profit‑taking and a bearish reversal the previous session. Sentiment was also supported by a government measure reported in Government’s Rs300 billion export finance scheme to boost SME exports: Ateeq, a story that investors may have read as positive for export‑oriented companies and small exporters. Energy names additionally found support amid reporting that SNGPL, SSGC seek higher gas prices as Pakistan faces winter energy supply challenges, a development tied to the energy sector’s outlook.

If no single driver dominated, the market moved on a combination of profit‑taking reversal from yesterday and targeted buying in energy and fertiliser stocks following the policy and sector reports above.

Rupee, gold and oil

The US dollar closed at Rs276.62 in the market facts, a gain of Rs0.27 or 0.10%. Gold was quoted at Rs345,817 per 10 grams, up Rs613 (0.18%). Brent crude traded at US$95.95 per barrel, up US$0.13 (0.14%). The modest rise in Brent coincides with the week’s outperformance of oil & gas sectors.

Economy watch

The State Bank of Pakistan’s policy rate is recorded at 12.00% (most recently reported in late October). Fuel prices in the market facts show petrol at Rs376.06 per litre and diesel (HSD) at Rs398.07 per litre, data points that feed through to costs for industry and consumers.

What investors should watch

  • Follow any official detail and roll‑out of the Rs300 billion export finance scheme, which market participants cited in today’s coverage as a potential support for exporter sentiment.
  • Energy sector developments, especially proposed gas price revisions reported in SNGPL, SSGC seek higher gas prices, and global Brent crude movements, which have correlated with the week’s outperformance of oil & gas names.
  • Any follow‑through from yesterday’s sharp fall reported in PSX plunges 1,710 points — continued profit‑taking would test the market’s recent support near the weekly low of 173,886.69.

This brief is market commentary for information only and is not investment advice. Figures as at the close of Friday, 13 November 2026.