Pakistan Stock Exchange gains as falling oil prices ease inflation concerns, while stronger remittances, automobile sales and improving economic indicators support investor sentiment.

KARACHI: The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) gained 2.29% during the week ended November 13, 2026, closing near 178,000 points compared with 174,000 points in the previous week.

According to Arif Habib Limited, declining international oil prices eased inflation concerns and supported positive investor sentiment, helping the market extend its upward momentum.

Pakistan’s overseas workers’ remittances increased 14% year-on-year to $3.9 billion in October 2026, compared with $3.4 billion in the same month last year. Remittances also rose 8% month-on-month, taking total inflows during the first four months of FY2027 to $14.8 billion.

Meanwhile, oil production increased 0.5% week-on-week to 65,200 barrels per day, while gas production rose 3.3% to 3,106 million cubic feet per day.

The government raised Rs587 billion through the latest Treasury Bills auction, with cut-off yields declining by 22 to 48 basis points across all tenors.

Pakistan recorded a budget surplus of Rs1,274 billion, equivalent to 0.9% of GDP, during the first quarter of FY2027. Federal Board of Revenue (FBR) collections reached Rs3,086 billion, up 7% year-on-year.

Automobile sales surged 62% month-on-month and 41% year-on-year to 24,400 units in October.

Foreign exchange reserves stood at $26.8 billion as of November 6, providing import cover of 3.03 months. The rupee also appreciated marginally by 0.02% against the US dollar to Rs276.60.

Petrol prices declined Rs21 per litre week-on-week to Rs332, while high-speed diesel fell Rs22 to Rs360 per litre.

Analysts expect the market outlook to remain cautiously optimistic, with further gains possible if international oil prices remain stable.

The KSE-100 is currently trading at a price-to-earnings ratio of 7.4, offering a dividend yield of 6.6%.