The KSE-100 closed the week of 5–9 October at 167,089, shedding 1,066 points or 0.63% week-on-week. The calendar-year loss deepened to –4.00%, and the index now sits 12.5% below its record high of 191,033 - though it remains 15.9% above its 52-week low of 144,119. On the ten-week chart, seven of the last nine weeks have finished in the red, with the index down roughly 5.1% over that stretch.
The week had three distinct acts. Monday opened with a 2,288-point fall - the sharpest single-day drop of the week - as the PTI long march on Islamabad got underway after talks with the government collapsed, sending the 14 index banks alone down a combined 635 points. Tuesday reversed the damage almost entirely: Pakistan secured an IMF staff-level agreement for $1.2 billion in programme funds, 83 of the 100 index constituents closed higher, and the index surged 2,593 points - its biggest single session in weeks. Mid-sized names led that recovery, with K-Electric up 8.05% on Wednesday, AGP and TRG Pakistan each adding more than 7.5% on Tuesday, while UBL contributed 97 points on Wednesday. Then Thursday and Friday unwound 1,491 of those gains as Brent crude pushed above $104 a barrel, with UBL, FFC, SYS, EFERT and POL taking 394 points off on Thursday alone and HBL, UBL, MCB and NBP combining for a further 273-point drag on Friday.
The economy data offered a genuine counterpoint to the index’s drift. SBP reserves held near $21.45 billion, September remittances came in at $3.59 billion - up 12.7% year-on-year - and first-quarter remittances reached $10.9 billion in aggregate. The IMF staff-level deal, while not yet board-approved, signals the programme remains on track and gives the market a credible floor narrative even as oil prices apply pressure from the other side.
The week illustrated the bind the market is in: domestic macro repair is real and the IMF anchor is intact, but Brent above $104 tightens the import bill, complicates the inflation outlook, and caps the enthusiasm that positive data would otherwise generate. Until oil retreats or the political noise around the PTI march fades, the path of least resistance remains sideways to lower - with 165,000 now the level analysts are watching as the next meaningful support below the current close.
Pakistan's benchmark KSE-100 index ended Friday 9 October 2026 at 167,089. It was down 0.63% on the week and 4.00% for calendar 2026 so far.
KSE-100 daily closes for 5–9 October 2026: the index fell 2,288 points on Monday as the PTI march began and rebounded 2,593 points on Tuesday on IMF optimism. It then lost ground on Thursday and Friday.
K-Electric, AGP and TRG Pakistan were among the biggest PSX gainers this week. UBL, HBL, Engro Holdings and the other large banks pulled the KSE-100 down the most.
The main positives for Pakistan's stock market outlook are the $1.2bn IMF staff-level agreement, $10.9bn in first-quarter remittances and SBP reserves near $21.45bn.
At 167,089, the KSE-100 is 15.9% above its 52-week low of 144,119 and 12.5% below its record high of 191,033.
Political uncertainty at home, the IMF review and oil above $104 a barrel drove the Pakistan Stock Exchange in the week of 5–9 October 2026.
The KSE-100 has had seven losing weeks out of the last nine, from August to October 2026, and is down about 5.1% over ten weeks.
This week's Pakistan economic data: a $1.2bn IMF staff-level deal, September remittances of $3.59bn (up 12.7%), SBP reserves at $21.45bn and Brent crude above $104.