Weekly Market Roundup

According to Mettis Global, the benchmark KSE-100 closed the week ended August 21 at 177,166.52 points, shedding 2,938.09 points or 1.63% from 180,104.61 points on August 13. Trading sentiment stayed weak as oil prices reached their highest level in roughly three weeks, while uncertainty over Strait of Hormuz shipping and disruptions to global supplies raised worries about energy costs and wider economic risks.

Commercial Banks were the largest drag at 1,780.99 points, and UBL alone cost the index 707.24 points. Oil & Gas Exploration Companies added 385.29 points, and PPL led individual gainers with 237.61 points.

Foreign investors were net sellers of equities worth $1.06m, mainly through foreign corporates, while local individuals made the largest net purchases at Rs4.85bn. Separately, Pakistan ran a current account deficit of $328m in July 2026, even with remittances of $3.63bn.