Karachi, November 8, 2025 – The Pakistan Stock Exchange (PSX) witnessed a turbulent week (November 3–7) as the benchmark KSE-100 Index lost 2,038 points, closing at 159,593 points, down 1.3% week-on-week.
According to Arif Habib Limited, the market saw heavy profit-taking and consolidation throughout the week. Although the index rebounded slightly on Friday, investor sentiment remained cautious amid economic concerns and policy uncertainty.
Economic indicators also added pressure. Pakistan’s inflation rate (CPI) for October 2025 climbed to 6.2% year-on-year, the highest since October 2024. In the PIB auction, the government raised PKR 785.2 billion against a target of PKR 400 billion, while yields on 2-5 year papers increased slightly.
In the cement sector, dispatches rose 7.3% year-on-year in October to 4.8 million tons, reflecting higher domestic demand. Meanwhile, urea sales fell 2%, and DAP sales plunged 55%, mainly due to lower imports and weak agricultural activity.
Oil marketing companies (OMC) posted a 2% YoY rise in total sales, led by higher diesel demand, while remittances from overseas Pakistanis grew 12% YoY to USD 3.42 billion in October.
Pakistan’s trade deficit widened to USD 3.2 billion in October, as imports surged 20% YoY. The Pakistani rupee showed slight improvement, closing at PKR 280.8 per US dollar.
Market analysts say the PSX’s short-term direction will depend on developments related to IMF tranche disbursement and economic policy clarity in the coming weeks.