Overview
- The KSE-100 slipped 0.07% to 161,984 after swinging between 161,241 and 162,385 in a choppy session that saw volumes fall to 490 million shares from 768 million.
- Brokerages pointed to futures rollover flows, political and law-and-order signals, and a lack of fresh catalysts, with oil and gas stocks dragging and fertilisers, Engro, and Pioneer Cement lending support.
- Macro signals stayed mixed as large-scale manufacturing rose 2.7% year on year in September and October technology exports hit a record $386 million, while the trade deficit widened to $3.28 billion for October and $12.6 billion for 4MFY26.
- SECP approved PSX regulation amendments requiring public disclosure of disciplinary actions and direct Shariah-related disclosures by listed firms to enable more accurate KMI screening.
- The Finance Ministry released a Governance and Corruption Diagnostics Report to satisfy an IMF condition ahead of a $1.2 billion tranche decision, with plans flagged to tap international dollar bonds next year.