Market Wrap

KSE-100 rises 2.38% to 172,013 on 4 November 2026 as banks lead: market wrap

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Market Pulse Hub·4 November 2026·3 min read

The KSE-100 index gained 3,994.62 points (+2.38%) on Wednesday, 4 November 2026, to close at 172,013.48. The day’s range was 168,355.26 to 172,286.99. Breadth was broad: 90 of the 100 index stocks rose, 10 fell and 0 were unchanged. UBL (United Bank Limited) did the most work, adding 293 points on a +2.26% move.

The index is 9.1% below its 52-week high of 189,167; this is its 3rd rising session in a row; the year-to-date return is −1.17%.

KSE-100 close and biggest index point movers on 4 November 2026
KSE-100 over the last three months, and the stocks that added or took away the most points on 4 November 2026.

Index snapshot

KSE-100 Value
Close 172,013.48
Change +3,994.62 (+2.38%)
Day high / low 172,286.99 / 168,355.26
1 week +3.79%
1 month +2.11%
3 months −4.44%
Year to date −1.17%
1 year +5.66%
52-week high / low 189,166.83 / 146,480.15
50-day / 200-day average 169,228 / 171,278
Volume, 100 index stocks 371.0 M shares
Market value of index stocks Rs 4.80 tn

The index sits above both its 50-day and 200-day averages, which keeps the medium-term trend pointing up.

Other indices

Index Close Change
KSE-30 50,618.51 +1,206.74 (+2.44%)
KMI-30 (Shariah) 246,398.18 +5,817.20 (+2.42%)
All Share 103,148.97 +2,147.61 (+2.13%)
KMI All Share 66,639.07 +1,329.92 (+2.04%)
Banks (BKTI) 47,126.50 +1,200.65 (+2.61%)
Oil & Gas (OGTI) 34,400.12 +541.31 (+1.60%)
PSX Dividend 20 78,814.13 +2,290.79 (+2.99%)

Who moved the index

Index points show how much each stock added to or took away from the KSE-100’s move, combining its price change with its weight. The top five contributors added 1,215 points and the bottom five took away 55.

Added points Change Points
UBL United Bank Limited +2.26% +293.1
FFC Fauji Fertilizer Company Limited +1.51% +245.3
HUBC The Hub Power Company Limited +3.51% +241.6
LUCK Lucky Cement Limited +3.62% +228.4
NBP National Bank of Pakistan +6.92% +206.6
HBL Habib Bank Limited +3.24% +195.1
MEBL Meezan Bank Limited +2.26% +192.8
ENGROH Engro Holdings Limited +1.86% +159.6
Took away points Change Points
PSEL Pakistan Services Limited −2.87% −37.7
HINOON Highnoon Laboratories Limited −1.25% −9.2
NESTLE Nestle Pakistan Limited −0.42% −4.8
UPFL Unilever Pakistan Foods Limited −0.33% −1.6
IBFL Ibrahim Fibres Limited −0.97% −1.3
IMAGE Image Pakistan Limited −0.59% −0.7
JDWS JDW Sugar Mills Limited −0.21% −0.6
PAKT Pakistan Tobacco Company Limited −0.07% −0.5

Sector performance

Banks contributed the most (+1,498 points, stocks up +2.94% on a weighted basis) and Services the least (−38 points).

Sector Index weight Weighted change Index points Up / down
Banks 30.9% +2.94% +1,498.0 14 / 0
Fertilizer 18.2% +2.02% +619.6 4 / 0
Cement 9.0% +3.75% +559.2 10 / 0
Oil & Gas 15.6% +1.61% +425.3 8 / 0
Power & Utilities 5.9% +3.56% +349.9 8 / 0
Technology 3.5% +2.07% +122.9 4 / 0
Autos 3.4% +1.89% +107.3 7 / 0
Pharmaceuticals 2.7% +2.18% +95.5 7 / 1
Textile 1.3% +2.40% +54.1 4 / 1
Engineering & Steel 1.1% +2.39% +45.4 4 / 0
Food & Consumer 2.8% +0.62% +29.0 4 / 4
Glass & Materials 0.5% +2.99% +26.3 1 / 0
Consumer Durables 1.0% +1.45% +25.0 2 / 0
Chemicals & Industries 1.1% +1.19% +22.7 5 / 3
Insurance & Financials 0.9% +1.37% +20.6 4 / 0
Other 0.8% +1.32% +18.4 3 / 0
Transport 0.2% +3.22% +13.1 1 / 0
Services 0.7% −2.87% −37.7 0 / 1

Top gainers, losers and most active

Among the 100 index stocks.

Top gainers Close Change
BOP The Bank of Punjab 30.90 +10.00%
AKBL Askari Bank Limited 115.35 +8.79%
NBP National Bank of Pakistan 174.50 +6.92%
KEL K-Electric Limited 6.00 +6.57%
AHCL Arif Habib Corporation Limited 13.68 +5.96%
GAL Ghandhara Automobiles Limited 527.42 +5.90%
DGKC D.G. Khan Cement Company Limited 195.01 +5.39%
PIOC Pioneer Cement Limited 252.91 +5.20%
Top losers Close Change
BNWM Bannu Woollen Mills Limited 58.83 −3.19%
PSEL Pakistan Services Limited 1,157.91 −2.87%
HINOON Highnoon Laboratories Limited 957.55 −1.25%
IBFL Ibrahim Fibres Limited 242.65 −0.97%
IMAGE Image Pakistan Limited 22.02 −0.59%
NESTLE Nestle Pakistan Limited 6,941.25 −0.42%
UPFL Unilever Pakistan Foods Limited 25,801.57 −0.33%
JDWS JDW Sugar Mills Limited 868.74 −0.21%
Most active Close Volume
BOP The Bank of Punjab 30.90 58.2 M shares
KEL K-Electric Limited 6.00 57.4 M shares
CNERGY Cnergyico PK Limited 11.97 52.1 M shares
MLCF Maple Leaf Cement Factory Limited 97.49 22.4 M shares
PAEL Pak Elektron Limited 33.07 17.4 M shares
FCCL Fauji Cement Company Limited 56.78 12.5 M shares
NBP National Bank of Pakistan 174.50 12.0 M shares
SSGC Sui Southern Gas Company Limited 23.32 10.7 M shares

Off-market blocks

PSX publishes the day’s negotiated (off-market) trades after 5 pm, after this wrap goes out. They appear in the Off-market section of the dashboard each evening.

Investor flows (latest available: 3 November 2026)

NCCPL publishes net buying and selling by investor type the following morning, so this is the most recent session available, not today’s. A positive number means that group bought more than it sold.

Investor type Net
Mutual funds Rs 1.37 bn
Banks and DFIs −Rs 770 M
Local individuals −Rs 671 M
Foreign corporates −Rs 401 M
Companies Rs 311 M
Brokers (own book) Rs 229 M
Other organisations Rs 154 M
Insurance companies −Rs 129 M

Over the last 20 sessions, foreign investors are net sellers (about US$ 74.9 M) and mutual funds net sellers (−Rs 8.79 bn). Our flow regime reads Institutions selling.

What to watch

  • Recovery towards 189,167. The 52-week high is 9.1% above today’s close.
  • The 50-day average near 169,228. A pullback towards it would test the short-term trend.
  • Leadership. Whether UBL, FFC, HUBC keep leading, or the gains broaden to more stocks.

Every number in this wrap updates live in the Market Pulse Hub dashboard under PSX, Market Today: the full table of 100 stocks, a sector heatmap, investor flows and off-market blocks.

Bilal, Market Pulse Hub

Source: Pakistan Stock Exchange data portal (index, constituents and off-market transactions) and NCCPL (investor flows), data as of 15:50 PKT on 4 November 2026. Sector groupings, index-point attributions and averages are our calculations. This article is generated from market data for education and information only and is not investment advice.

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Market Pulse Hub articles are for information and education only and are not investment advice. Markets carry risk; do your own research or speak to a licensed adviser before making financial decisions.

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