Market Indices & Equity Sentiment
$BR Indices Pullback: The BR100 Index stands at 18,497 (down 0.4%), while the BR30 Index slipped 0.65% down to 66,302.
KSE-100 Consolidation: The PSX KSE-100 Index ended its latest session at 168,155.49 (losing 481.36 points or -0.29%). Profit-taking dominated key cyclical sectors ahead of political announcements and tax deadline enforcement.
Sector Performers: Upstream Energy showed resilience with OGDCL inching up +0.39% to Rs314.62, whereas tech and commercial banking encountered selling pressure (e.g., $TRGP.US down 2.51%, $NBP.US down 1.27%).
2. Macroeconomic & Commodity Indicators
Weekly Inflation Update: The Sensitive Price Index (SPI) rose by 0.21% week-on-week for the period ending October 1, reflecting modest upward adjustments in essential consumer basket items.
Gold Retrenchment: Local bullion prices saw a notable downward revision of Rs4,300 per tola, mirroring international spot gold dropping to $4,138/oz following firmer U.S. yields.
Energy & OMC Demand: Oil Marketing Company (OMC) sales reached 1.3 million tons in September 2026, marking a 7% month-on-month rebound despite being down 2% YoY. Domestic retail petroleum prices underwent a slight upward adjustment (+Rs2.10/L).