Weekly Market Roundup

According to Mettis Global, the KSE-100 index closed the week ended October 16, 2026 at 166,419.72 points, shedding 669.56 points or 0.40 per cent from the October 9 level of 167,089.28. Investor sentiment weakened as concerns grew over possible shipping disruption in the Strait of Hormuz after vessels were attacked in that waterway. The report adds that regional stability worries left uncertainty over market conditions during the week.

Market capitalisation on the Pakistan Stock Exchange fell to Rs4.680 trillion, down about Rs36.93bn or 0.78 per cent week-on-week, and dropped to $16.901bn in dollar terms. Oil & Gas Exploration Companies were the largest sector drag at 329.78 points, ahead of Commercial Banks, which fell 319.41 points. Fertilizer offered the main support with 170.58 points, while FFC was the top individual gainer and OGDC the biggest index drag.

Foreign investors were net sellers of Rs1.52bn ($5.49m) in equities, mainly through foreign corporates, while local investors made net purchases of a similar amount. In the debt market, banks and development finance institutions bought Rs21.55bn while mutual funds sold Rs13.05bn. Separately, the current account deficit widened to $356m in September, and passenger car sales fell 9.8% year-on-year.