Market signals
A live view of the PSX: market pulse, today’s KSE-100 path, sector heatmap, circuit and big-move alerts, key levels and data screens built from five years of prices and dividends.
Market view: Correction inside a long-term uptrend
Market pulse
Cautious
- Breadth190 up, 394 down
- Today's move−0.78%
- Range position168,000 to 173,300
- Trend−0.0% vs 200-day avg.
A summary of today's conditions, recalculated with every price update. Not a forecast.
KSE-100 today
Market closed, last update Oct 1, 2026 5:53 PMEvery PSX index
- HBL Total Treasury19,135.68+0.03%
- JS Global Banking71,120.07−0.50%
- Banks Tradable46,890.47−0.52%
- UBL Pakistan Enterprise60,321.86−0.57%
- PSX Dividend 2077,486.22−0.60%
- NIT Pakistan Gateway44,837.73−0.71%
- KSE-3050,262.67−0.75%
- All Share102,097.08−0.77%
- KSE-100168,636.85−0.78%
- KSE-100 Price Return50,814.61−0.78%
- KMI All Share66,137.02−0.78%
- Meezan Islamic 3021,840.03−0.78%
- NBP Pakistan Growth48,107.22−0.80%
- Meezan Pakistan30,202.39−0.85%
- KMI-30 (Shariah)241,515.75−0.86%
- Alfalah Consumer21,597.40−1.03%
- JS Momentum Factor43,208.17−1.20%
- Oil & Gas Tradable34,227.31−1.41%
Live alerts
0 active- No circuit hits or big moves right now.
Market map
Strongest sectors
- Tobacco+1.74%
- Inv. Banks / Inv. Cos. / Securities Cos.+0.35%
- Textile Composite+0.26%
- Fertilizer+0.25%
Weakest sectors
- Oil & Gas Exploration Companies−1.23%
- Technology & Communication−1.13%
- Power Generation & Distribution−1.11%
- Cement−1.04%
Box size is market value. Colour is the move today (updates live). Sector figures are weighted by company size. Hover a box for details or click a company to open it.
Key levels
What is driving the market
The KSE-100 is about 11% below its January peak of 189,167 and is testing 168,000, where its 200-day average and the 60-day low meet. On 1 October it fell 1,332 points to 168,637. Oil above $95, inflation above 10% and an 11.5% policy rate are the headwinds; an IMF staff-level agreement is the main catalyst.
Oil shock
The war involving Iran has kept the Strait of Hormuz disrupted. Brent rose about 13% in September to roughly $97 to $103, which raises Pakistan's import bill and inflation.
Inflation and rates
CPI eased to 10.3% in September from 11.1% in August, but prices still rose 1.3% in the month. The State Bank held the policy rate at 11.5% on 14 September; cuts look unlikely until inflation falls further.
IMF review
The mission for the fourth EFF review began in late September. A staff-level agreement would release about $1.2bn and is the market's main upside catalyst.
Who is buying
Individuals and banks are net buyers; foreigners and mutual funds are selling. Local money is holding the market up.
Scenarios to year-end
Bull case
about 30% likelyIMF deal, Brent below $90 and easing inflation: the index reclaims 173k and heads for 182k to 189k.
Base case
about 45% likelyIMF deal but oil stays high: a 166k to 178k range where stock picking in oil producers and banks pays.
Bear case
about 25% likelyEscalation with oil above $110, an inflation surprise or IMF delay: a close below 168k opens 160k, then about 152k.
Sector views
| Sector | Our view | Today (avg.) | Why | Stocks, live |
|---|---|---|---|---|
| Oil and gas exploration | Overweight | −1.14% | High oil lifts rupee revenue; gas circular-debt plan; P/E of 5.6 to 8.7 | |
| Banks | Overweight for income | −0.34% | High rates protect margins; dividend yields of 7 to 10% | |
| Fertiliser | Neutral to positive | −0.53% | Defensive with steady dividends; gas-price risk | |
| Fuel marketing and refineries | Trade only | −0.61% | Inventory gains from high oil against circular debt; very liquid | |
| Cement, autos and steel | Underweight | −1.46% | Hurt by high rates and weak northern cement sales |
Stock screens
Paid a dividend every year; ranked by five-year return for each unit of risk.
| UBLUnited Bank, Commercial Banks | 417.66 | −0.81% | +55.8% | 7.6% | -39% |
| FFCShariahFauji Fertilizer Company, Fertilizer | 538.46 | −0.47% | +46.6% | 6.8% | -30% |
| MEBLShariahMeezan Bank, Commercial Banks | 553.65 | −0.23% | +40.3% | 5.8% | -46% |
| OGDCShariahOil & Gas Development Company, Oil & Gas Exploration Companies | 313.39 | −1.06% | +36.1% | 5.4% | -31% |
| MARIShariahMari Energies, Oil & Gas Exploration Companies | 628.35 | −0.85% | +35.6% | 5.9% | – |
| HBLHabib Bank, Commercial Banks | 303.78 | −0.76% | +30.5% | 7.8% | -54% |
| MCBMCB Bank, Commercial Banks | 388.54 | −0.39% | +30.5% | 9.2% | -35% |
| EFERTShariahEngro Fertilizers, Fertilizer | 194.31 | −0.11% | +30.4% | 7.7% | -35% |
| PPLShariahPakistan Petroleum, Oil & Gas Exploration Companies | 221.36 | −2.45% | +30.3% | 5.3% | -42% |
| ABLAllied Bank, Commercial Banks | 170.04 | +0.22% | +29.5% | 9.4% | -33% |
Five-year figures run from October 2021 to October 2026 (bonus-adjusted, from PSX daily closes). 5y return adds today's dividend yield to price growth and is an estimate. Prices and today's change are live. Data summaries, not recommendations.
Signals and screens are data summaries, not recommendations. Five-year figures run from October 2021 to October 2026, an exceptional period for Pakistani shares. Total return adds today's dividend yield to price growth and is an estimate. Always do your own research.