Pakistan Stock Exchange (PSX) witnessed a weekly uptrend, with the 100 Index increasing by 11% over the past week. The 100 Index closed at 167,191 points, a gain of 16,792 points from the previous week. The market saw a positive trend throughout the week, with the 100 Index staying within a range of 20,518 points. The 100 Index’s weekly high was 168,290 points, while the low was 147,771 points. In the past week, 3.3 billion shares were traded, amounting to 203.6 billion rupees. The market capitalization decreased by 1.748 trillion rupees to 18.473 trillion rupees.
Following a decline in prices yesterday, gold prices rose today in the country. Analysts predict a 6.4% inflation rate for the fiscal year 2026. The 100 Index closed at 1,655,517 points yesterday. Ali Haider, the leader of the Lahore Stock Exchange Association, stated that the decrease in LPG prices has led to a decrease in prices.
Pakistan’s currency markets saw a reversal in gold prices. Despite the ceasefire between the US, Iran, and Israel, Asian stock markets saw a negative trend today. The 100 Index closed at 1,658,811 points yesterday. According to the State Bank, remittances have decreased by 16.5% on a monthly basis and 5.5% on an annual basis. Sources in the industry report that crude oil prices have decreased by up to 15%. According to the All Pakistan Sarafa Jewellers Association, the price of gold per tola has increased by 15,700 rupees, reaching 504,162 rupees.
The 100 Index closed at 1,516,673 points yesterday. After a slight increase in prices, gold prices declined again in the country today. Nepra has sought opinions from the public and stakeholders. The 100 Index closed at 1,512,207 points yesterday. The increase in prices has led to a rise in the values of various benchmark indices. Donald Trump stated that the meeting with Iran began early morning and lasted approximately 20 hours, adding that many points were agreed upon. In a social media post, he stated that the point of contention was Iran’s nuclear program.
A recent incident of a traffic jam on the Shah Faisal Bridge in Karachi’s Korangi area has been reported. Maulana Fazlur Rehman, the leader of the Muttahida Majlis-e-Amal, stated that the US believed it could occupy Iran after the assassination of Ayatollah Ali Khamenei.
An American official confirmed that the entire US negotiating team has left for Islamabad.
