Pakistan’s benchmark index gains 7,478 points as falling international oil prices and improved investor sentiment support the stock market; CPI inflation eases to 9.6%.

KARACHI, November 7, 2026: The Pakistan Stock Exchange (PSX) recorded a strong weekly rally, with the benchmark KSE-100 Index gaining 4.5 per cent to close at 173,887 points for the week ended November 6, 2026.

The index increased by 7,478 points from the previous week’s closing level of 166,409 points, supported by positive investor sentiment following the US mid-term election developments and a sharp decline in international oil prices.

According to the weekly market update, Pakistan’s Consumer Price Index (CPI) inflation eased to 9.6 per cent year-on-year in October 2026, compared with 10.3 per cent in September.

Meanwhile, the government raised Rs385.6 billion through securities auctions against a target of Rs350 billion, with yields declining by 0.4 to 12 basis points.

Pakistan’s trade deficit reached $3.9 billion in October, as exports increased 2.8 per cent year-on-year to $2.9 billion, while imports rose 11.8 per cent to $6.8 billion.

Urea sales surged 39 per cent to 487,000 tonnes during October, while oil production increased 8.9 per cent week-on-week to 64,700 barrels per day.

Petrol and high-speed diesel prices declined by 6.7 per cent and 4.6 per cent, respectively.

The Pakistani rupee also appreciated marginally by 0.03 per cent, closing at Rs276.66 against the US dollar.

Going forward, market direction is expected to remain sensitive to developments in US-Iran talks, international oil prices and the MSCI review scheduled for November 11.

The KSE-100 is currently trading at a price-to-earnings ratio of 7.3, offering a dividend yield of 6.8 per cent.