KSE-100 falls 0.71% to 174,140; weekly gains intact

KSE-100 falls 0.71% to close at 174,140; weekly gains remain intact

Index closed down 1,240.01 points at 174,139.86 as select heavyweights slid; the market is still up 4.65% this week and month.

TFD Markets Desk

Published Nov 6, 2026 · 16:46 PKT · Updated Nov 7, 19:19 · 2 min read

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PSX · 9 hours agoCement, fertiliser and banks power KSE-100; oil plunges, rupee steady5 key points

KSE-100 rose 7,477.43 points (4.49%) to 173,886.69 in the week 2–6 Nov 2026, led by cement, fertiliser and bank stocks.
Brent crude fell $16.13 (-14.22%) to $97.30 during the week, with notably large falls on 2026-11-02 and 2026-11-04.
gram gold rose 15,657 PKR (4.52%) to 362,182 PKR during the week.
Rupee was flat at 276.35 (weekly change -0.09, -0.03%), SBP policy rate remained 12% as of 2026-10-28, and the government cut petrol and diesel prices.
Investors should watch the approaching US midterm elections, where coverage notes Democrats are targeting a congressional comeback.

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PSX · 2 days agoKSE-100 up 1.96% to 175,380 as cement stocks drive weekly gains5 key points

KSE-100 closed at 175,379.87 on Thursday, 5 November 2026, up 3,366.38 points or 1.96% from 172,013.48.
Cement led weekly gains as sector averaged a 12.55% rise, with Power +6.87% and Fertilizer +6.84%; index added 8,970.62 points week-to-date (5.39%).
Top session gainers included Systems Ltd. (SYS) 116.88 +5.34%, International Industries (INIL) 153.03 +5.28%, MLCF 102.09 +4.72% and LUCK 434.63 +4.69%.
Brent fell to $96.18/bbl (-8.2%) and gold rose to 368,736 per 10 grams (+4.45%); USD traded at 276.62 rupees, essentially flat.
Investors will watch whether gains broaden beyond Cement, Power and Fertilizer and whether refinery names stay pressured amid Brent’s sharp decline.

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National · Oct 27, 2026Aligarh Alumni Association's 51st Annual Mushaira draws packed House in Maryland5 key points

The Aligarh Alumni Association held its 51st annual mushaira Sunday at the Dayanat Center, drawing a full hall of alumni, families and Urdu poetry lovers.
Dr. Abdullah Abdullah served as master of ceremonies while poet Sabiha Saba presided and Association President Ariena Rashid welcomed guests and affirmed commitment to Sir Syed Ahmad Khan.
Poets from Pakistan, India and the United States performed, including Khushbir Singh Shad, Ammar Iqbal, Ambreen Amber Haseeb, Manzar Bhopali, Muzaffar Abdali and Ali Meenai.
The program ran from 2:30 p.m. to 6 p.m. and featured ghazals and nazms on love, homeland separation, heritage and politics.
Audience repeatedly asked for more from Shad, Iqbal, Haseeb, Abdali and Bhopali, noted particular appreciation for younger poets, and said they look forward to next year's edition.

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Market close

The KSE-100 closed at 174,139.86, down 1,240.01 points or 0.71% from yesterday's 175,379.87. The session ended with mixed sector moves: National Refinery Limited (NRL) led gainers at 474.45 (+1.28%), while Fauji Fertilizer Co. Ltd. (FFC) was the largest decliner at 562.62 (−3.7%). Other notable losers included Hub Power Co. Ltd. (HUBC) at 201.61 (−3.1%), Pakistan State Oil Co. Ltd. Class I (PSO) at 355.1 (−2.13%) and National Bank of Pakistan (NBP) at 175.92 (−2.08%). The watchlist covered 32 names.

This week so far

Despite today’s pullback, the KSE-100 is up 7,730.61 points or 4.65% so far this week. The index has traded between a week low of 166,564.07 and a week high of 175,379.87, putting today’s close nearer the week high than the low.

Sector performance over the week was uneven. The strongest sectors were Cement (average +10.81%), Fertilizer (average +5.06%) and Power (average +4.95%). Weakness was concentrated in Refinery (average −12.18%), with Oil & Gas Marketing and Oil & Gas Exploration showing modest single‑digit moves.

This month

The month-to-date numbers mirror the week: the KSE-100 is higher by 7,730.61 points or 4.65%. The month’s trading range runs from a low of 166,409.25 to a high of 175,379.87.

What moved the market

No single news item in TFD’s feed explains today’s decline. With no specific story to point to, today’s drop appears to be a short‑term pullback within a broader weekly and monthly uptrend rather than the result of a single identifiable trigger.

Rupee, gold and oil

FX and commodities showed divergent moves. The US dollar traded at 276.63 PKR, little changed (+0.06; +0.02%). Gold rose sharply: gold per 10 grams was 363,064 PKR, up 10,015 ( +2.84%). Brent crude fell to 98.7 USD per barrel, down 6.07 (−5.79%).

Economy watch

Key headline economic rates and administered prices on record include the State Bank of Pakistan policy rate at 12% (as of the SBP release on 28 October) and retail fuel prices at 376.06 PKR per litre for petrol and 398.07 PKR per litre for diesel (both as of 28 October).

What investors should watch

Whether the KSE-100 can recover above the week and month high of 175,379.87 or whether today’s dip extends toward the recent lows around 166,564.07–166,409.25.
Sector leadership: Cement, Fertilizer and Power have driven the weekly advance; keep an eye on whether Refinery sector weakness (average −12.18% this week) persists or reverses.
Large-cap movers: monitor names that fell materially today — FFC, HUBC, PSO and NBP — for signs of follow‑through or stabilization.
Commodities and FX: a notable fall in Brent (−5.79%) and a sharp rise in local gold prices may affect sentiment in energy and precious‑metals linked stocks; the US dollar was stable at 276.63 PKR.
Policy and fuel prices: the SBP policy rate remains at 12% and administered petrol and diesel prices are at 376.06 PKR/litre and 398.07 PKR/litre respectively — factors that will continue to shape market expectations.

This brief is market commentary for information only and is not investment advice. Figures as at the close of Friday, 6 November 2026.

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