MG Morning Breeze: Updates to Skim before Market

Mettis Global reported that the benchmark KSE-100 Index closed Monday at 165,867.31, a fall of 2,288.18 points or 1.36%. The report links the decline to domestic political uncertainty and higher crude costs, which dampened investor mood during the session. Both factors are cited as weighing on the index, which ended the day in negative territory.

The same Morning Breeze digest listed other Monday developments that market readers may also follow. High-speed diesel was cut by Rs1.88 per litre, while petrol rose by Rs0.88 per litre from October 6. In currency trading, the rupee gained marginally to settle at 277.06 per US dollar in the interbank market. Gold in Pakistan also rose Rs1,200 per tola on Monday, with 24-karat gold selling at Rs437,536 per tola.