Market close

The KSE-100 closed at 165736.76, up 1269.55 points or 0.77% from the previous close of 164467.2, as of 2026-10-28 19:30:19.

Gains were concentrated in large financial and infrastructure names while select industrials lagged. The watchlist tracked by market highlights contained 32 stocks.

  1. Top gainers: NBP (National Bank of Pakistan) 164.97 (+6.58%); BAFL (Bank Alfalah Limited) 57.88 (+2.57%); HUBC (Hub Power Co. Ltd.) 193.18 (+2.42%); FATIMA (Fatima Fertilizer Co. Ltd.) 135.18 (+2.36%).
  2. Top losers: INIL (International Industries Limited) 149.98 (-2.72%); NRL (National Refinery Limited) 554.85 (-2.35%); TRG (TRG Pakistan Limited) 53.62 (-1.99%); AIRLINK (Air Link Communication Ltd.) 115.96 (-1.35%).

What moved the market

No single trigger was evident in the available news data for today's session. Market breadth was positive and the headline index rise was underpinned by strong moves in financials and select utilities and fertiliser names: notably the 6.58% surge in National Bank of Pakistan and advances in Bank Alfalah, Hub Power and Fatima Fertilizer.

With no specific news item recorded, the session appears to reflect stock-specific buying and profit-taking in a handful of industrials rather than a clear macro announcement or policy development.

Rupee, gold and oil

Currency and commodity moves were mixed. The US dollar in PKR was quoted at 277.05 with no change recorded (0, 0%).

  1. Gold (per 10 grams in PKR): 361735, up 4730 (1.32%).
  2. Brent crude (USD per barrel): 111.54, down 5.18 (-4.44%).

The fall in Brent crude contrasted with a noticeable rise in local gold prices; the rupee was unchanged in the available snapshot.

What to watch

With no specific news item recorded for the session, market participants will likely monitor three datapoints provided here: the US dollar in PKR at 277.05, movements in gold (361735 per 10 grams) and the path of Brent crude (111.54 USD per barrel). Investors may also keep an eye on the stocks that showed the largest intraday moves — particularly NBP after its 6.58% jump — for follow-through or reversal in coming sessions.

This brief is market commentary for information only and is not investment advice. Figures as at the close of Wednesday, 28 October 2026.