Monday, October 26, 2026 · Petrol Rs 377.71 · USD/PKR 277.05 · Gold Rs 424536/tola
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Business

PSX slides as investors receive profits after the race record

PSX slides as investors receive profits after the race record
A Pakistani broker watches the stock prices during a PSX commercial meeting in Karachi on October 17, 2024. - Inp
A Pakistani broker watches the stock prices during a PSX commercial meeting in Karachi on October 17, 2024. – Inp

The stock market opened in recession on Monday, as investors recorded profits after the index record amid concerns about fiscal diseases and expanding external imbalances.

During the intra -business trading, the KSE -100 reference index rose to a high height of 169,326.35 points, earning 336.28 points or 0.20%and slipped to a low 167,245.57 points, reflecting a decrease of 1,744.50 points, or -1.03%, 168,990.07.

“The market, after a apparent course, has now faced some pressure and resistance to sale.

“We have not seen specific political actions by the government to address any of these issues.

According to figures released last week, the Federal Revenue Council (FBR) garnered RS2.88 trillion in the first quarter of FY26, lacking the target of RS3,083 trillions of RS198 billions.

Only in September, the collections amounted to RS1.23 trillion, lacking the monthly target by RS138 billions. Despite a 13% rise on an annual basis, the pace remains inadequate to achieve annual revenue targets and the lack even lost the IMF conservative target of the RS3,023 trillion.

Meanwhile, the trade deficit expanded by almost 46% on a year -long basis in September 2025 to $ 3.34 billion, as imports increased by $ 14% to $ 5.85 billion and exports decreased by $ 11.7% to $ 2.5 billion.

For the July -September quarter, the commercial gap increased by $ 32.9% to $ 9.37 billion, resulting in imports increase and reduced exports. Economists warned that the trend could push Rupia and foreign reserves, complicating debt repayments in the midst of Pakistan’s dependence on foreign funding.

PBS data also showed that the trade deficit expansion expanding 21.9% annually in August to $ 437 million, with imports of 13.4% to $ 1.11 billion, exceeding 8.4% exports.

Weekly inflation, measured by the sensitive price index (SPI), increased by 0.56% during the week ended on October 2, reflecting the renewed prices after months of relative stability.

On Friday, the KSE-100 index had won 500.44 points, or 0.3%, to close at 168,990.07 points from 168,489.63 points. The highest indicator of the day remained in 169,988.62 points, while the lowest level was recorded at 168,613.41 points.



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