PSX gains over 1,300 points as investors respond to SBP rate hike, easing oil prices
Profit by Pakistan Today • • 1 min read
The KSE-100 rose as much as 1,330 points during Tuesday’s session, reaching 164,368.47 after closing at 163,038.47 on Monday. Profit by Pakistan Today reported that the advance followed the State Bank of Pakistan’s 50-basis-point increase in the policy rate to 12%, while lower international oil prices also supported sentiment.
The index had added more than 1,100 points shortly after the opening, but was up 751.53 points, or 0.46%, at 163,789.99 by 11:15 am. Buying was reported across commercial banks, cement, automobile assemblers and parts, fertilisers, insurance, pharmaceuticals, oil and gas exploration, oil marketing and apparel. Brent crude was down 0.86% at $114.81 a barrel, while US West Texas Intermediate also fell 0.86% to $100.88.
At a glance
- The KSE-100 reached an intraday high of 164,368.47, up 1,330 points.
- The SBP raised its policy rate by 50 basis points to 12%.
- Brent and US crude prices each fell 0.86%.
Originally reported by Profit by Pakistan Today
This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.
Read the full storyWant the full article here?
Log in to read the full article in the Investify reader, in English or Urdu.
Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.
More PSX market news
Ghandhara Automobiles 1Q profit surges 51% to Rs2.5bnMettis• 27 Oct 2026
PACRA retains AGP’s long-term rating at A+Mettis• 27 Oct 2026
Porsche profit rebounds in nine-month period after restructuring costsBR• 27 Oct 2026
Pakistan’s shrimp farming plan set to make a big catchMettis• 27 Oct 2026
Half a point, and a longer road to targetMettis• 27 Oct 2026
Apple says it will replace iPhone Duo units showing screen problemsBR• 27 Oct 2026
