PSX Logs Third Straight Weekly Drop as Inflation and Trade Gap Sap Sentiment

Overview

• The KSE-100 fell 2,039 points for the week to close at 159,593, with a small rebound on Friday after earlier losses.
• October CPI accelerated to 6.2% year on year, the highest since October 2024, as supply disruptions and higher costs pressured prices.
• Pakistan’s trade deficit widened 56% from a year earlier to $3.2 billion in October, with imports at their highest monthly level since March 2022 as exports slipped.
• Remittance inflows rose about 12% to roughly $3.4 billion in October and the rupee inched up 0.03% to Rs280.8 per dollar, offering limited support.
• The government raised Rs785.2 billion in an oversubscribed PIB auction with mixed yield moves, while fiscal and energy strains persisted with an FBR shortfall and circular debt at Rs1.69 trillion.