Market Performance Overview
The KSE-100 index declined by 1.8% DoD to close at 168,865 points on September 10, 2026. The KMI-30 Islamic index dropped 2.1% DoD to 239,394, while total PSX market capitalization contracted by 2.0% DoD to PKR 18,855 billion.
Key News & Geopolitical Developments
- Crude Oil Price Surge: Crude oil prices jumped 6%, with Brent surpassing $107/bbl ($107.08) and WTI topping $101/bbl ($101.62) due to escalating Middle East conflicts and threats to Red Sea shipping routes.
- Middle East Escalation: Houthi forces advanced along the Yemeni coast near the Bab el-Mandeb Strait. Meanwhile, Iranian military strikes damaged US military aircraft at Muwaffaq Salti Air Base in Jordan.
- MOFA Clarification: Pakistan's Ministry of Foreign Affairs stated there are currently no discussions regarding military strikes in Yemen under the Makkah Defence Pact, though condemning attacks on civilian and economic targets in Saudi Arabia.
Fixed Income Yields (PKRV Cut-Offs)
| Tenor | PKRV | Cut Off Yield |
|---|
| 03-M T.Bill | 11.43% | 11.60% |
| 06-M T.Bill | 11.76% | 11.90% |
| 12-M T.Bill | 12.04% | 11.99% |
| 03-Y PIB | 12.18% | 11.75% |
| 05-Y PIB | 12.15% | 11.80% |
| 10-Y PIB | 12.34% | 12.30% |
Currencies & Commodity Prices
- USD/PKR Interbank: 277.35 (WTD: +0.02%, CY26TD: +1.0%)
- 6M KIBOR: 11.94% (+0.08% WTD)
- Brent Crude: $107.76/bbl (+77.1% CY26TD)
- Gold: $4,318.19/oz (Local: PKR 387,520 per 10grms)
- Urea / DAP: PKR 4,684 / PKR 16,789 per bag
Upcoming Board Meetings
Key upcoming corporate board meetings include: KAPCO (11-Sep), GEMMEL (11-Sep), BPL (11-Sep), ECOP (12-Sep), SHFA (12-Sep), SLYT (14-Sep), PPL (14-Sep), GWLC (14-Sep), JVDC (14-Sep).
