Markets week in numbers: KSE-100 up, rupee steady, world gold higher
The KSE-100 closed at 175,380 on 5 November, up from 165,736.75 on 28 October. The dollar was almost unchanged against the rupee, while gold moved in different directions at home and abroad.
For information only, not investment advice. Prices change quickly: check the time and source of every figure.
- KSE-100 closed at 175,380 on 5 November, against 165,736.75 on 28 October.
- Interbank dollar: Rs276.66 on 6 November, from Rs276.76 on 29 October.
- Gold per tola: Rs419,600 on 7 November, from Rs420,536 on 30 October.
- World gold: $4,072.10 an ounce on 7 November, from $3,876.40 on 31 October.
The main figure of the week is the KSE-100 index. According to khabr.pk's records, it closed at 175,380 points on 5 November, compared with 165,736.75 points on 28 October.
khabr.pk reported on 6 November that the index fell 1,493 points, or 0.85 percent, on Friday to close at 173,887 as investors booked profits. The same report said the index still gained 7,477 points, or 4.49 percent, over the week. Trading volume was 1.47 billion shares, worth Rs22.5 billion.
The rupee barely moved. The interbank closing rate for the US dollar was Rs276.66 on 6 November, against Rs276.76 on 29 October, a difference of 10 paisas. khabr.pk also reported on 6 November that Pakistan's total liquid foreign exchange reserves rose $111 million to $26.86 billion in the week ending 30 October. State Bank holdings were $21.56 billion and commercial banks held $5.30 billion.
Gold showed two different pictures. The 24 karat price per tola from Sarafa dealers was Rs419,600 on 7 November, down from Rs420,536 on 30 October. The world price rose from $3,876.40 per troy ounce on 31 October to $4,072.10 on 7 November.
Fuel prices moved too. khabr.pk reported on 6 November that petrol was cut by Rs9.41 to Rs352.59 per litre and high-speed diesel by Rs5.56 to Rs382.25, the fourth straight daily cut. Petrol is down Rs25.32 since Monday. On oil, khabr.pk reported that Brent crude rose on Friday to between $98.29 and $99.90 a barrel after falling more than 8 percent on Wednesday to a near two-month low, as investors weighed the risk of renewed US-Iran fighting against hopes of diplomacy.
Abroad, khabr.pk reported that S&P 500 firms lost a record $2.9 trillion in value on Thursday, and Asian tech shares fell sharply on Friday, on investor worries about tighter rules on AI data centres after the US midterms.
Some questions remain open. The material does not explain why the dealer gold price and the world price moved in opposite directions, and the figures cover single days, not the days between.
Why it matters
Share prices matter to investors and to companies that raise money on the stock market. A steady dollar rate matters to importers and to households that pay for imported goods. Lower petrol and diesel prices affect transporters and families who buy fuel. Gold prices matter to households that buy or hold it. Reserves of $26.86 billion are one measure of the country's ability to pay for imports.
