The benchmark KSE-100 Index remained firmly in positive territory during the day, gaining 2,931.71 points, or 1.66 percent, to close at 180,014.93 points, compared with Tuesday’s close of 177,083.22 points. The index touched an intraday high of 180,202.39 points after recovering from a low of 178,512.09 points.

The BRIndex100 rose 369.99 points, or 1.90 percent, to close at 19,865.96 points, while total traded volume stood at 576.72 million shares. The BRIndex30 climbed 908.01 points, or 1.30 percent, to finish at 70,935.51 points, with total turnover reaching 286.86 million shares.

The closing above the 180,000-point mark marked the benchmark’s return to that level after a gap of 16 trading sessions, having last settled above it on July 10, 2026.

Commenting on the day’s performance, Ali Najib, Deputy Head of Trading at Arif Habib Limited, said improving diplomatic prospects had kept bearish sentiment at bay.

“PSX witnessed a strong session today, reclaiming the 180k level on a closing basis after a gap of 16 trading sessions, last seen on July 10, 2026. The market remained in the green throughout the session, driven primarily by a sharp decline in international oil prices, which have fallen more than 9 percent since Tuesday’s peak as optimism grew over the resumption of US-Iran talks,” he said.

Najib noted that Habib Bank Limited (HBL), United Bank Limited (UBL), Meezan Bank Limited (MEBL), Engro Holdings (ENGROH), Fauji Fertilizer Company (FFC), MCB Bank, Lucky Cement (LUCK), Systems Limited (SYS), Hub Power Company (HUBC) and Fatima Fertilizer collectively contributed around 1,906 points to the benchmark index.

Overall trading activity also strengthened considerably.

Ready Market turnover increased to 740.56 million shares from 711.27 million shares recorded a day earlier, while traded value surged to Rs35.91 billion compared with Rs25.87 billion in the previous session. Ready Market capitalization expanded by Rs257.07 billion to Rs20.09 trillion, up from Rs19.83 trillion.

Market breadth overwhelmingly favoured advancing issues. Of the 496 companies traded on the Ready Market, 303 stocks gained, 158 declined, while 35 remained unchanged.

Among individual stocks, Trust Brokerage remained the volume leader for the third consecutive session, with 52.88 million shares changing hands. The stock closed at Rs2.46, slightly lower than its previous close of Rs2.59.

Other actively traded stocks included WorldCall Telecom, where 42.52 million shares were traded, closing at Rs1.24. Cnergyico PK followed with 40.20 million shares, ending at Rs11.06, while Bank of Punjab recorded 40.11 million shares and closed at Rs34.75.

Among top gainers, PIA Holding Company Limited (B) surged by Rs336.00 to close at Rs17,896.00 per share, followed by The Thal Industries Corporation Limited, which gained Rs121.67 to settle at Rs1,408.39.

On the losing side, Unilever Pakistan Foods Limited declined by Rs86.00 to close at Rs25,300.00, while Khyber Textile Mills Limited shed Rs59.78 to finish at Rs1,981.32 per share.

Sector-wise, the BR Commercial Banks Index emerged as the top performer, surging 1,503.24 points, or 2.42 percent, to close at 63,746.58 points on trading volume of 103.02 million shares, reflecting aggressive buying in leading banking stocks.

The BR Cement Index gained 243.03 points, or 1.95 percent, to settle at 12,704.57 points with turnover of 63.97 million shares, while the BR Tech & Communication Index advanced 68.33 points, or 1.86 percent, to 3,749.01 points on 71.93 million shares.

The BR Power Generation and Distribution Index increased 310.94 points, or 1.12 percent, to 28,072.33 points with turnover of 29.72 million shares, whereas the BR Automobile Assembler Index added 259.31 points, or 1.09 percent, to close at 24,118.74 points on 3.30 million shares.

Meanwhile, the BR Oil and Gas Index rose 100.14 points, or 0.68 percent, to finish at 14,840.51 points, with 64.09 million shares changing hands.

Market participants said the strong rebound underscored improving investor confidence amid easing geopolitical risks and softer global energy prices. Going forward, analysts believe developments surrounding US-Iran negotiations, the direction of international crude oil prices, and the ongoing corporate earnings season will remain the principal drivers of market sentiment, while continued macroeconomic stability could provide additional support to equities in the near term.

Copyright Business Recorder, 2026

The highest activity was recorded in Gold (PKR 19.025 billion) followed by NSDQ100 (PKR 7.418 billion), COTS (PKR 6.469 billion), SP500 (PKR 2.079 billion), Silver (PKR 1.283 billion), DJ (PKR 1.229 billion), Platinum (PKR 1.088 billion), Japan Equity 225 (PKR 1.015 billion), Copper (PKR 995.507 million), Crude Oil (PKR 802.030 million), Palladium (PKR 404.919 million), Brent (PKR 381.599 million), Cotton (PKR 273.871 million), Soybean (PKR 214.168 million), Wheat (PKR 108.306 million), Natural Gas (PKR 75.083 million), Corn (PKR 24.739 million) and Aluminium (PKR 2.866 million).

In Agricultural commodities, a total of 126 lots were traded, amounting to PKR 621.084 million.

Copyright Business Recorder, 2026

=========================================
ALUMINIUM
=========================================
CONTRACT              BID           OFFER
-----------------------------------------
Cash              3270.00         3271.00
3-month           3236.00         3236.50
=========================================
COPPER
=========================================
CONTRACT              BID           OFFER
-----------------------------------------
Cash             14193.00        14195.00
3-month          14065.00        14070.00
=========================================
ZINC
=========================================
CONTRACT              BID           OFFER
-----------------------------------------
Cash              3728.00         3730.00
3-month           3672.00         3672.50
=========================================
NICKEL
=========================================
CONTRACT              BID           OFFER
-----------------------------------------
Cash             17120.00        17125.00
3-month          17300.00        17310.00
=========================================
LEAD
=========================================
CONTRACT              BID           OFFER
-----------------------------------------
Cash              1845.00         1847.00
3-month           1890.00         1891.00
=========================================

Source: London Metals Exchange.

Copyright Business Recorder, 2026

=============================================================================
Alongside East Wharf
=============================================================================
Berth             Ship           Working        Agent                Berthing
No.                                                                      Date
=============================================================================
Op-1              M.T            Disc Crude     Pakistan Nation    04-08-2026
                  Shalamar       Oil Ship Corpt
Op-2              Iasonas        Disc Crude     Pakistan Nation    04-08-2026
                                 Oil Ship Corpt
Op-3              Aliakmon       Load           Alpine Marine      26-07-2026
                                 (H.S.F.O)      Services
B-1               Oriental       Load Ethanol   Eastwind           04-08-2026
                  Acacia         Company        Shipping
B-2               Southern       Disc           Alpine Marine      04-08-2026
                  Cetacea        Chemical       Services
B-4/B-5           Cs Niwa        -              Sharaf Shipping    28-05-2026
                                                Company
B-10/B-11         True Friend    Disc           Bulk Shipping      30-07-2026
                                 (Dap)          Agencies
B-11/B-12         Dubai Sun      Load           Sirius Logistic    02-08-2026
                                 Clinkers       Pakistan
B-14-B-15         V Atlas        Disc Dap       Bulk Shipping      04-08-2026
                                                Agencies
Nmb-1             Liyas          Load Rice      Al Faizan          11-07-2026
                                                International
Nmb-1             Fahad 4        Disc. Tire     Noor Sons          23-06-2026
Nmb-2             Masha Allah-1  Load           Noor Sons          16-06-2026
                                 Wheat Straw
Nmb-2             Al-Yahya       Disc           Noor Sons          09-07-2026
                                 Wheat Straw
=============================================================================
Alongside WEST Wharf
=============================================================================
B-21              Palm Marine    Load Rice      Interline Shipp    30-07-2026
B-29/B-30         Atlantic       Dis/Load       Crystal Global     04-08-2026
                  Harmony        Containers     Shipping
=============================================================================
Alongside SOUTH Wharf
=============================================================================
Sapt-1            Kmtc           Dis/Load       United Mared       04-08-2026
                  Mombasa        Containers     Marine Agencies
Sapt-2            Msc Ambar      Dis/Load       Msc Agency         03-08-2026
                                 Containers     Pakistan
Sapt-4            Chang          Dis/Load       Rahmat Shipping    04-08-2026
                  Sheng ji 8     Empaty Containers
=============================================================================
Expected Sailing
=============================================================================
Name of           Expected       Expected Arrival                       Agent
Vessel            Date           Cargo
=============================================================================
Chang Sheng       04-08-2026     Dis/Load                     Rahmat Shipping
Ji 8                             Empaty Containers
Msc Ambar         05-08-2026     Dis/Load                          Msc Agency
                                 Containers                          Pakistan
Southern Cetacea  05-08-2026     Disc Chemical                  Alpine Marine
                                                                     Services
Oriental Acacla   05-08-2026     Load Ethanol               Eastwind Shipping
                                                                      Company
Kmtc              05-08-2026     Dis/Load                        United Mared
Mombasa                          Containers                   Marine Agencies
=============================================================================
Expected Arrivals
=============================================================================
Seaspan           05-08-2026     D/L Container                  United Marine
Beauty                                                               Agencies
Hmm Oromise       05-08-2026     D/L Container                  United Marine
                                                                     Agencies
Zhong Gu          05-08-2026     D/L Container                X-Press Feeders
Nan Jiing                                                 Shipping Agency Pak
Ssf Leo           05-08-2026     D/L Container              Eastwind Shipping
                                                                      Company
Antigonl Force    05-08-2026     L/50000 Clinkers                  Novamarine
Lucla             06-08-2026     D/L Container                  Star Shipping
Zhong
Gu Ri Zhao        06-08-2026     D/L Container                CmaCgm Pakistan
Gfs Jade          06-08-2026     D/L Container              Eastwind Shipping
                                                                      Company
Ever Lifting      06-08-2026     D/L Container             Green Pak Shipping
Northern          06-07-2026     D/L Container              Oceansea Shipping
Practise                         Ship Sailed
Name of           Departure      Ships Departures                       Agent
Vessel            Date           Cargo
Stolt Beluga      05-08-2026     Tanker                                     -
Zhuo Yue
Yuan Yang         05-08-2026     Container                                  -
Zhong Kun611      05-08-2026     Container                                  -
Hong Da
Xin 768           05-08-2026     Container                                  -
Maestro           05-08-2026     General Cargo                              -
=============================================================================
PORT QASIM INTELLIGENCE
=============================================================================
Berth             Vessel         Working        Agent                Berthing
                                                                         Date
=============================================================================
MULTI PURPOSE TERMINAL
-----------------------------------------------------------------------------
MW-1              Jabal Harim    Steel Coil     Universal     August 4th 2026
                                                Shipp
MW-2              Zea Servant    General        Asso Liner    August 4th 2026
                                 Cargo          Agency
MW-4              My Dream       Coal           Ocean World   August 2nd 2026
-----------------------------------------------------------------------------
PAKISTAN INTERNATIONAL BULK TERMINAL
-----------------------------------------------------------------------------
PIBT              Mercury        Coal           Ocean         August 3rd 2026
                  Sky                           Service
PIBT              Dixon          Coal           BurjoJee      August 4th 2026
-----------------------------------------------------------------------------
Port Qasim Electric Power Terminal
-----------------------------------------------------------------------------
PQEPT             Antigoni       Coal           GAC           August 3rd 2026
                  Force
-----------------------------------------------------------------------------
LIQUID CARGO TERMINAL
-----------------------------------------------------------------------------
LCT               Peonia         Palm oil       Alpine        August 4th 2026
-----------------------------------------------------------------------------
QASIM INTERNATIONAL CONTAINER TERMINAL
-----------------------------------------------------------------------------
QICT-1            Maersk         Container      GAC           August 4th 2026
                  Ferrato
-----------------------------------------------------------------------------
2nd Container Terminal
-----------------------------------------------------------------------------
QICT-2            GSL Melina     Container      GAC           August 4th 2026
-----------------------------------------------------------------------------
FOTCO OIL TERMINAL
-----------------------------------------------------------------------------
FOTCO             Nave           Gasoline       Trans Marine  August 3rd 2026
                  Atropos
-----------------------------------------------------------------------------
GRAIN & FERTILIZER TEMINAL
-----------------------------------------------------------------------------
FAP               Union          Canola Seed    Ocean Service  July 31th 2026
                  Mariner
FAP               Can Bey        Rice           Ocean World    July 23rd 2026
=============================================================================
DEPARTURE
=============================================================================
Vessel            Commodity      Ship Agent                    Departure Date
=============================================================================
PGC Yiannios      LPG            GAC                          August 5th 2026
=============================================================================
EXPECTED Departures
=============================================================================
Maersk Ferrato    Container      GAC                          August 5th 2026
GSL Melina        Container      GAC                                     -do-
Jabal Harim       Steel Coil     Universal Shipp                         -do-
Antigoni Force    Coal           GAC                                     -do-
Can Bey           Rice           Ocean World                             -do-
Nave Atropos      Gasoline       Trans Marine                            -do-
=============================================================================
OUTERANCHORAGE
=============================================================================
CMA
CGM Nile          Container      CMA CGM PAK                  August 5th 2026
Star Cape Town    Cement         Bulk Shipping                           -do-
Burgan            Gas oil        GAC                                     -do-
Venus-09          LPG            M International                         -do-
Chemstar River    Chemicals      Alpine                                  -do-
Yiannis N.G       Soya           Ocean Service             Waiting for Berths
                  Bean Seed
Cymona Pride      Soya           Ocean Service                           -do-
                  Bean Seed
Abdullah-M        Rice           Star Shipping                           -do-
Chang Chang
Nan Hai           Coal           Trade To Shore                          -do-
ES Warrior        Coal           Trade To Shore                          -do-
Aquavita Trust    Coal           Trade To Shore                          -do-
Falcon Trident    Coal           Ocean World                             -do-
Saleh Darya-2     Animal         Pak Liner Agency                        -do-
                  Feed
Xin Hai Tong-38   Coal           East Wind                               -do-
Jahan Moni        Coal           Trade To Shore                          -do-
SG Freindship     Palm oil       Alpine                                  -do-
PST Genesis       Palm oil       Alpine                                  -do-
=============================================================================

Copyright Business Recorder, 2026

The Total Import Cargo of 126,710 tonnes Comprised of 33,346 tonnes of Containerized Cargo, 2,969 tonnes of B Bulk Cargo, 7,202 tonnes of (Dap), & 38,193 tonnes of Liquid Cargo.

The Total Export Cargo of 35,649 tonnes Comprised of 12,756 tonnes of Containerized Cargo, 220 Tons of B. Bulk Cargo,17,873Tons of Clinkers, & 4,800 tonnes of Liquid Cargo.

Around, 03 ships namely, Iasonas, Atlantic Harmony, & Oriental Acacia berthed at the Karachi Port Trust.

Approximately, 05 ships namely, Stolt Beluga, Zhuo Yue Yuan Yang, Zhong Kun611, Hong Da Xin 768, & Maestro Breland sailed from the Karachi Port Trust.

PORT QASIM

A total of thirteen ships were engaged at PQA berths during the last 24 hours, out of them a gas carrier ‘PGC Yiannios’ left the port on Wednesday morning, while six more ships, Maersk Ferrato, GSL Melina, Jabal Harim, Can Bey, Antigoni Force and Nave Atropos expected to sail on Wednesday afternoon.

Cargo volume of 205,080 tones comprising 164,280 tones imports cargo and 40,800 export cargo carried in 2,419 Containers (19 TEUs Imports & 2,400 TEUs Export)was handled at the port during last 24 hours.

There are 17 ships at Outer Anchorage of the Port Qasim, out of them five ships, CMA CGM Nile, Star Cape Town, Beugan, Venus-09 and Chemstar River scheduled to load/offload Container, Cement, Gas oil, LPG and Chemicals are expected to take berths QICT, MW-1, FOTCO, SSGC and EVTL respectively on Wednesday 5th July, 2026.

Copyright Business Recorder, 2026

====================================
BR INDICASE AT A GLANCE
====================================
             BRINDEX100             
====================================
Day Close:                180,014.93
High:                     180,202.39
Low:                      178,512.09
Net Change:                 2,931.71
Volume (000):                294,905
Value (000):              27,812,440
Makt Cap (000)         5,113,631,000
------------------------------------
BR AUTOMOBILE ASSEMBLER
------------------------------------
Day Close:                 24,118.74
NET CH                    (+) 259.31
------------------------------------
BR CEMENT
------------------------------------
Day Close:                 12,704.57
NET CH                    (+) 243.03
------------------------------------
BR COMMERCIAL BANKS
------------------------------------
Day Close:                 63,746.58
NET CH                   (+) 1503.24
------------------------------------
BR POWER GENERATION AND DISTRIBUTION
------------------------------------
Day Close:                 28,072.33
NET CH                    (+) 310.94
------------------------------------
BR OIL AND GAS
------------------------------------
Day Close:                 14,840.51
NET CH                    (+) 100.14
------------------------------------
BR TECH & COMM
------------------------------------
Day Close:                  3,749.01
NET CH                     (+) 68.33
------------------------------------
As on:              05- August -2026
====================================

These indices are available Live on Aaj TV, www.brecorder.com and www.khistocks.com.

For further information please visit www.khistocks.com

Copyright Business Recorder, 2026

The market opened on a positive note, extending the previous session’s momentum, and the benchmark KSE-100 Index climbed to an intraday high of 178,768.83 points.

However, sentiment weakened significantly during the second half of trading as selling pressure intensified across key sectors, dragging the index to an intraday low of 177,043.10 points before it settled at 177,083.22 points, down 1,116.80 points or 0.63 percent, from the previous close of 178,200.02 points.

Business Recorder (BR) indices also remained under pressure as selling persisted across all major sectors. The BRIndex100 closed at 19,495.97 points, down 152.45 points or 0.78 percent, with total traded volume of 573.72 million shares, reflecting broad weakness in large-cap stocks.

The BRIndex30 settled at 70,027.50 points, declining 847.22 points or 1.20 percent, while companies included in the index generated a cumulative turnover of 316.26 million shares, indicating that selling pressure remained concentrated in actively traded blue-chip stocks.

According to Topline Securities, the market witnessed a highly volatile session as broad-based profit-taking overshadowed the initial optimism. The brokerage house said investors booked gains after the previous day’s strong rally, resulting in selling across major sectors. It added that United Bank Limited (UBL), Lucky Cement (LUCK), Engro Holdings (ENGROH), Oil & Gas Development Company (OGDC), and Pakistan Petroleum Limited (PPL) emerged as the largest drags on the benchmark index, collectively wiping out around 580 points.

The negative trend was reflected across all major PSX benchmark and tracking indices.

Overall trading activity also slowed compared to the previous session. Ready Market turnover fell to 711.27 million shares from 785.36 million shares, while traded value declined to Rs25.87 billion from Rs33.14 billion. Total Ready Market capitalization shrank by Rs120.83 billion, settling at Rs19.833 trillion, compared with Rs19.954 trillion in the previous session.

Market breadth remained firmly in favour of the bears. Of the 495 companies traded on the Ready Market, 161 advanced, 295 declined, and 39 remained unchanged.

Pakistan International Bulk Terminal (PIBTL) emerged as the most actively traded stock on the Ready Market, with 89.71 million shares changing hands.

The stock closed lower at Rs16.74. It was followed by Trust Brokerage, where 86.05 million shares were traded and closed at Rs2.59. TPL Properties ranked third with 67.24 million shares, closing slightly higher at Rs14.94.

Among individual stocks, Unilever Pakistan Foods Limited emerged as the day’s top gainer, rising Rs86.00 to close at Rs25,386.00 per share, followed by Rafhan Maize Products Company Limited, which gained Rs52.70 to settle at Rs9,301.28 per share.

On the downside, Khyber Textile Mills Limited recorded the largest decline, losing Rs116.09 to close at Rs2,041.10, while Hoechst Pakistan Limited shed Rs76.77 to end at Rs3,916.15 per share.

Among sectoral BR indices, the BR Cement Index posted the steepest decline, falling 137.62 points or 1.09 percent to 12,461.54 points on turnover of 19.43 million shares.

The BR Tech & Communication Index slipped 25.12 points or 0.68 percent to 3,680.68 points with 57.40 million shares changing hands.

The BR Commercial Banks Index dropped 292.84 points or 0.47 percent to 62,243.34 points on trading volume of 24.31 million shares, while the BR Automobile Assembler Index lost 112.56 points or 0.47 percent to 23,859.43 points, with turnover of 1.55 million shares.

The BR Oil & Gas Index declined 67.70 points or 0.46 percent to 14,740.37 points, supported by trading volume of 83.35 million shares, whereas the BR Power Generation and Distribution Index eased 98.74 points or 0.35 percent to 27,761.39 points, with 19.02 million shares traded.

Market participants said Tuesday’s decline largely reflected healthy profit-taking after Monday’s sharp rally rather than deterioration in underlying fundamentals. They noted that investors are likely to remain focused on corporate earnings announcements, macroeconomic developments and global geopolitical trends, particularly movements in international oil prices, which are expected to continue shaping near-term market direction.

Copyright Business Recorder, 2026

=============================================================================
Alongside East Wharf
=============================================================================
Berth             Ship           Working        Agent                Berthing
No.                                                                      Date
=============================================================================
Op-1              M.T            Disc           Pakistan           04-08-2026
                  Shalamar       Crude Oil      National
                                 Ship Corpt
B-1               StoltBeluge    Disc           Asia Marine        31-07-2026
                                 Chemical
B-2               Southern       Disc           Alpine Marine      04-08-2026
                  Cetacea        Chemical       Services
B-4/B-5           Cs Niwa        -              Sharaf Shipping    28-05-2026
                                                Company
B-6/B-7           Zhong          Dis/Load       Freight            04-08-2026
                  Kun 611        Containers     Conncetion
                                 Pakistan
B-9/B-8           Zhuo Yue       Dis/Load       CmaCgm             03-08-2026
                  Yuan Yang      Containers     Pakistan
B-10/B-11         True Friend    Disc           Bulk Shipping      30-07-2026
                                 (Dap)          Agencies
B-11/B-12         Dubai Sun      Load           Sirius Logistic    02-08-2026
                                 Clinkers       Pakistan
B-14-B-15         V Atlas        Disc. Dap      Bulk Shipping      04-08-2026
                                                Agencies
B-16/B-17         Maestro        Disc           Legend Shipping    01-08-2026
                                 General Cargo  & Logistics
Nmb-1             Liyas          Load Rice      Al Faizan          11-07-2026
                                                International
Nmb-1             Fahad 4        Disc. Tire     Noor Sons          23-06-2026
Nmb-2             Al-Yahya       Disc Wheat     Noor Sons          09-07-2026
                                 Straw
=============================================================================
Alongside WEST Wharf
=============================================================================
B-21              Palm Marine    Load Rice      Interline Shipp    30-07-2026
B-28/B-29         Hong Da        Dis/Load       Universal          03-08-2026
                  Xin 768        Containers     Shipping
=============================================================================
Alongside SOUTH Wharf
=============================================================================
Sapt-2            Lasonas        Dis            Pakistan National  04-08-2026
                                 Crude Oil      Ship Corpt
Sapt-3            Aliakmon       Load           Alpine Marine      26-07-2026
                                 (H.S.F.O)      Services
Sapt-1            Gsl Melina     Dis/Load       Gac Pakistan       03-08-2026
                                 Containers
Sapt-1            Kmtc           Dis/Load       United Mared       04-08-2026
                  Mombasa        Containers     Marine Agencies
Sapt-2            Msc Ambar      Dis/Load       Msc Agency         03-08-2026
                                 Containers     Pakistan
Sapt-4            Chang          Dis/Load       Rahmat Shipping    04-08-2026
                  Sheng ji 8     Empaty
                                 Containers
=============================================================================
Expected Sailing
=============================================================================
Name of           Expected       Expected Arrival                       Agent
Vessel            Date           Cargo
=============================================================================
Zhuoyue           04-08-2026     Dis/Load                     CmaCgm Pakistan
yuan yang                        Containers
=============================================================================
Expected Arrivals
=============================================================================
Eve Bergen        04-08-2026     D/4500 Chemical            Eastwind Shipping
                                                                      Company
Bow Jaguar        04-08-2026     D/4000                         Alpine Marine
                                 Chemical                            Services
Selen             04-08-2026     D/L Container                        Ap Line
Angel             04-08-2026     L/1500 Rice                        Tradelink
                                                                International
Ssf Leo           05-08-2026     D/L Container              Eastwind Shipping
                                                                      Company
Ever Lifting      05-08-2026     D/L Container             Green Pak Shipping
Seaspan           05-08-2026     D/L Container                  United Marine
Beauty                                                               Agencies
Hmm               05-08-2026     D/L Container                  United Marine
Oromise                                                              Agencies
Antigoni Force    05-08-2026     L/50000 Clinkers                  Novamarine
                                 Ship Sailed
Name of           Departure      Ships Departures                       Agent
Vessel            Date           Cargo
Marine Ista       04-08-2026     Tanker                                     -
Hedwig
Schulte           04-08-2026     Container                                  -
Marine Xena       04-08-2026     Tanker                                     -
Zbm               04-08-2026     Container                                  -
TjZarar           04-08-2026     Container                                  -
M.T. Lahoer       04-08-2026     Tanker                                     -
M.T. Mardan       04-08-2026     Tanker                                     -
Silver Star 5     04-08-2026     Tanker                                     -
Gsl Melina        04-08-2026     Container                                  -
Ym Excellence     04-08-2026     Container                                  -
=============================================================================
PORT QASIM INTELLIGENCE
=============================================================================
Berth             Vessel         Working        Agent                Berthing
                                                                         Date
=============================================================================
MULTI PURPOSE TERMINAL
-----------------------------------------------------------------------------
MW-1              Nil            Nil            Nil
MW-2              Vosco          Rice/          Bulk Shipping  July 29th 2026
                  Proper         Cement
MW-4              My Dream       Coal           Ocean World   August 2nd 2026
-----------------------------------------------------------------------------
PAKISTAN INTERNATIONAL BULK TERMINAL
-----------------------------------------------------------------------------
PIBT              Mercury        Coal           Ocean         August 3rd 2026
                  Sky                           Service
PIBT              Nil            Nil            Nil
-----------------------------------------------------------------------------
Port Qasim Electric Power Terminal
-----------------------------------------------------------------------------
PQEPT             Antigoni       Coal           GAC           August 3rd 2026
                  Force
-----------------------------------------------------------------------------
LIQUID CARGO TERMINAL
-----------------------------------------------------------------------------
LCT               Malmo          Palm oil       Alpine        August 2nd 2026
-----------------------------------------------------------------------------
FOTCO OIL TERMINAL
-----------------------------------------------------------------------------
FOTCO             Nave           Gasoline       Trans Marine  August 3rd 2026
                  Atropos
-----------------------------------------------------------------------------
GRAIN & FERTILIZER TEMINAL
-----------------------------------------------------------------------------
FAP               Union          Canola Seed    Ocean Service  July 31th 2026
                  Mariner
FAP               Can Bey        Rice           Ocean World    July 23rd 2026
-----------------------------------------------------------------------------
SSGC LPG TERMINAL
-----------------------------------------------------------------------------
SSGC PGC
Yiannios          LPG            GAC                          August 3rd 2026
=============================================================================
DEPARTURE
=============================================================================
Vessel            Commodity      Ship Agent                    Departure Date
=============================================================================
BahriGhadah       Coal           GAC                          August 4th 2026
Mol Earnest       Container      O.N.E                                   -do-
=============================================================================
EXPECTED Departures
=============================================================================
Malmo             Palm oil       Alpine                       August 4th 2026
Vosco Proper      Rice/          Bulk Shipping                           -do-
                  Cement
=============================================================================
OUTERANCHORAGE
=============================================================================
Jabal Harim       Steel Coil     Universal Shipp              August 4th 2026
Zea Servant       General        Asso Liner                              -do-
                  Cargo          Agency
Peonia            Palm oil       Alpine                                  -do-
Dixon             Coal           BurjoJee                                -do-
Yiannis N.G       Soya           Ocean Service             Waiting for Berths
                  Bean Seed
Cymona Pride      Soya           Ocean Service                           -do-
                  Bean Seed
Abdullah-M        Rice           Star Shipping                           -do-
Chang Chang
Nan Hai           Coal           Trade To Shore                          -do-
ES Warrior        Coal           Trade To Shore                          -do-
Aquavita Trust    Coal           Trade To Shore                          -do-
Falcon Trident    Coal           Ocean World                             -do-
Star
Cape Town         Cement         Bulk Shipping                           -do-
CMA CGM Nile      Container      CMA CGM PAK                             -do-
PST Genesis       Palm oil       Alpine                                  -do-
=============================================================================
EXPECTED ARRIVAL
=============================================================================
Maersk
Ferrato           Container      GAC                          August 4th 2026
GSL Melina        Container      GAC                                     -do-
=============================================================================

Copyright Business Recorder, 2026

=========================================
ALUMINIUM
=========================================
CONTRACT              BID           OFFER
-----------------------------------------
Cash              3259.00         3260.00
3-month           3210.00         3212.00
=========================================
COPPER
=========================================
CONTRACT              BID           OFFER
-----------------------------------------
Cash             13944.00        13945.00
3-month          13875.00        13876.00
=========================================
ZINC
=========================================
CONTRACT              BID           OFFER
-----------------------------------------
Cash              3750.00         3751.00
3-month           3676.00         3678.00
=========================================
NICKEL
=========================================
CONTRACT              BID           OFFER
-----------------------------------------
Cash             16770.00        16785.00
3-month          17025.00        17050.00
=========================================
LEAD
=========================================
CONTRACT              BID           OFFER
-----------------------------------------
Cash              1827.00         1828.00
3-month           1871.00         1873.00
=========================================

Source: London Metals Exchange.

Copyright Business Recorder, 2026

The break-up shows that the port has handled 49,037 Metric tonnes of export cargo and 117,923 Metric tonnes of import cargo during the said period.

PORT QASIM

A total of eleven ships were engaged at PQA berths during the last 24 hours, out of them two ships, Mol Earnest and Bahri Ghadah left the port on Tuesday morning while two more ships, Malmo and Vosco Proper expected to sail on Tuesday afternoon.

Cargo volume of 111,709 tones comprising 93,312 tones imports cargo and 18,397 export cargo carried in 815 Containers (290 TEUs Imports & 525 TEUs Export)was handled at the port during last 24 hours.

There are 14 ships at Outer Anchorage of the Port Qasim, out of them four ships, Jabal Harm, Zea Servant, Peonia and Dixon & two more ships, Maersk Ferrato and GSL Melina carrying Steel Coil, General Cargo, Palm oil, Coal and Container are expected to take berths MW-1, MW-2, LCT, PIBT and QICT respectively on Tuesday 4th July, 2026.

Copyright Business Recorder, 2026

====================================
BR INDICASE AT A GLANCE
====================================
             BRINDEX100             
====================================
Day Close:                177,083.22
High:                     178,768.83
Low:                      177,043.10
Net Change:                 1,116.80
Volume (000):                263,769
Value (000):              17,369,434
Makt Cap (000)         5,030,356,000
------------------------------------
BR AUTOMOBILE ASSEMBLER
------------------------------------
Day Close:                 23,859.43
NET CH                    (-) 112.56
------------------------------------
BR CEMENT
------------------------------------
Day Close:                 12,461.54
NET CH                    (-) 137.62
------------------------------------
BR COMMERCIAL BANKS
------------------------------------
Day Close:                 62,243.34
NET CH                    (-) 292.84
------------------------------------
BR POWER GENERATION AND DISTRIBUTION
------------------------------------
Day Close:                 27,761.39
NET CH                     (-) 98.74
------------------------------------
BR OIL AND GAS
------------------------------------
Day Close:                 14,740.37
NET CH                     (-) 67.70
------------------------------------
BR TECH & COMM
------------------------------------
Day Close:                  3,680.68
NET CH                     (-) 25.12
------------------------------------
As on:              04- August -2026
====================================

These indices are available Live on Aaj TV, www.brecorder.com and www.khistocks.com.

For further information please visit www.khistocks.com

Copyright Business Recorder, 2026

The benchmark KSE-100 Index gained 2,105.91 points, or 1.20 percent, to settle at 178,200.02 points compared with the previous close of 176,094.12 points. The market remained firmly in positive territory throughout the session, touching an intraday high of 178,985.95 points after opening on a strong note, while the day’s low was recorded at 177,759.88 points.

The BRIndex100 closed at 19,648.42 points while the total turnover stood at 677.29 million shares, underscoring strong investor participation. Similarly, the BRIndex30 closed at 70,874.72 points compared, while total traded volume reached 353.42 million shares.

According to Topline Securities, the local bourse staged a robust comeback as optimism surrounding the possibility of renewed diplomatic talks between the United States and Iran eased geopolitical concerns, prompting a sharp fall in international oil prices and improving overall market sentiment.

The brokerage said the decline in energy prices boosted investors’ risk appetite, leading to broad-based buying across major sectors. Fauji Fertilizer Company (FFC), Meezan Bank (MEBL), Lucky Cement (LUCK), Pakistan Petroleum Limited (PPL) and Engro Holdings (ENGROH) collectively contributed around 699 points to the benchmark index.

Trading activity remained healthy despite a slight decline in overall volumes. Ready Market volume stood at 785.36 million shares compared with 880.95 million shares in the previous session. However, traded value increased significantly to Rs33.14 billion from Rs24.96 billion, reflecting greater activity in higher-value stocks. Total Ready Market capitalization expanded by Rs198.15 billion to Rs19.95 trillion, up from Rs19.76 trillion a session earlier.

Trust Brokerage remained the most actively traded stock, with 113.32 million shares changing hands. The stock closed slightly lower at Rs2.51 against its previous close of Rs2.57.

It was followed by TPL Properties, where 83.71 million shares were traded. The stock closed at Rs14.71, up from Rs13.37. Cnergyico Pakistan ranked third with 68.96 million shares, ended at Rs11.10.

Among major gainers, Khyber Textile Mills Limited rose Rs154.38 to close at Rs2,157.19 per share, followed by The Thal Industries Corporation Limited, which gained Rs98.44 to end at Rs1,249.90. On the downside, Nestlé Pakistan Limited declined Rs142.13 to Rs7,771.24, while PIA Holding Company Limited (B) shed Rs65.48 to close at Rs17,562.02.

Sector-wise, all Business Recorder indices closed firmly in positive territory. The BR Cement Index emerged as the top-performing sector, rising 290.02 points, or 2.36 percent, to 12,599.16 points on turnover of 43.77 million shares, reflecting renewed interest in cement stocks.

The BR Tech & Communication Index gained 57.86 points, or 1.59 percent, to close at 3,705.80 points, with 80.87 million shares traded, while the BR Oil and Gas Index advanced 229.83 points, or 1.58 percent, to 14,808.07 points on turnover of 40.18 million shares.

The BR Power Generation and Distribution Index added 336.47 points, or 1.22 percent, to finish at 27,860.13 points, with 17.22 million shares changing hands. The BR Commercial Banks Index increased 574.02 points, or 0.93 percent, to close at 62,536.18 points on turnover of 33.93 million shares, while the BR Automobile Assembler Index gained 197.14 points, or 0.83 percent, to settle at 23,971.99 points, supported by trading volume of 2.84 million shares.

Market participants said the strong rebound reflected improving investor confidence after geopolitical concerns eased and international oil prices retreated. They noted that while the renewed diplomatic optimism supported broad-based buying, the market’s near-term direction will continue to depend on developments in the Middle East, movements in global oil prices and the ongoing corporate earnings season.

Copyright Business Recorder, 2026

=============================================================================
PORT QASIM INTELLIGENCE
=============================================================================
Berth             Vessel         Working        Agent                Berthing
                                                                         Date
=============================================================================
MULTI PURPOSE TERMINAL
-----------------------------------------------------------------------------
MW-1              Vosco          Rice/          Bulk Shipping  July 29th 2026
                  Proper         Cement
MW-2              SIBI           Rice           Star Shipping  July 27th 2026
MW-4              My Dream       Coal           Ocean World   August 2nd 2026
-----------------------------------------------------------------------------
PAKISTAN INTERNATIONAL BULK TERMINAL
-----------------------------------------------------------------------------
PIBT              Bahri          Coal           GAC            July 30th 2026
                  Ghadah
PIBT              Nil            Nil            Nil
-----------------------------------------------------------------------------
LIQUID CARGO TERMINAL
-----------------------------------------------------------------------------
LCT               Malmo          Palm oil       Alpine        August 2nd 2026
-----------------------------------------------------------------------------
2nd Container Terminal
-----------------------------------------------------------------------------
QICT-2            DP World       Container      Ocean Sea     August 2nd 2026
                  Chennai                       Shipping
-----------------------------------------------------------------------------
GRAIN & FERTILIZER TEMINAL
-----------------------------------------------------------------------------
FAP               Union          Canola         Ocean          July 31th 2026
                  Mariner        Seed           Service
FAP               Can Bey        Rice           Ocean World    July 23rd 2026
=============================================================================
DEPARTURE
=============================================================================
Vessel            Commodity      Ship Agent                    Departure Date
=============================================================================
Prima Dharma      Chemicals      Alpine                       August 3rd 2026
Shandong Yhe      HSFO           Alpine                                  -do-
=============================================================================
EXPECTED Departures
=============================================================================
DP World          Container      Ocean Sea                    August 3rd 2026
Chennai                          Shipping
SIBI              Rice           Star Shipping                           -do-
BahriGhadah       Coal           GAC                                     -do-
Can Bey           Rice           Ocean World                             -do-
=============================================================================
OUTERANCHORAGE
=============================================================================
Nave Atropos      Gasoline       Trans Marine                 August 3rd 2026
Mol Earnest       Container      O.N.E                                   -do-
Mercury Sky       Coal           Ocean Service                           -do-
Yiannis N.G       Soya           Ocean Service             Waiting for Berths
                  Bean Seed
Cymona Pride      Soya           Ocean Service                           -do-
                  Bean Seed
Abdullah-M        Rice           Star Shipping                           -do-
Chang Chang
Nan Hai           Coal           Trade To Shore                          -do-
Dixon             Coal           BurjoJee                                -do-
ES Warrior        Coal           Trade To Shore                          -do-
Aquavita Trust    Coal           Trade To Shore                          -do-
Jabal Harim       Steel Coil     Universal Shipp                         -do-
Falcon Trident    Coal           Ocean World                             -do-
Zea Servant       General Cargo  Asso Liner                              -do-
                                 Agency
Peonia            Palm oil       Alpine                                  -do-
Star Cape Town    Cement         Bulk Shipping                           -do-
CMA CGM Nile      Container      CMA CGM PAK                             -do-
PST Genesis       Palm oil       Alpine                                  -do-
=============================================================================
EXPECTED ARRIVAL
=============================================================================
PGC Yiannios      LPG            GAC                          August 3rd 2026
Antigoni Force    Coal           GAC                                     -do-
=============================================================================

Copyright Business Recorder, 2026

=========================================
ALUMINIUM
=========================================
CONTRACT              BID           OFFER
-----------------------------------------
Cash              3195.00         3196.00
3-month           3178.50         3179.00
=========================================
COPPER
=========================================
CONTRACT              BID           OFFER
-----------------------------------------
Cash             13833.00        13834.00
3-month          13798.00        13800.00
=========================================
ZINC
=========================================
CONTRACT              BID           OFFER
-----------------------------------------
Cash              3710.00         3710.50
3-month           3630.00         3631.00
=========================================
NICKEL
=========================================
CONTRACT              BID           OFFER
-----------------------------------------
Cash             17090.00        17100.00
3-month          17325.00        17335.00
=========================================
LEAD
=========================================
CONTRACT              BID           OFFER
-----------------------------------------
Cash              1851.00         1851.50
3-month           1894.00         1895.00
=========================================

Source: London Metals Exchange.

Copyright Business Recorder, 2026

Cargo volume of 100,833 tones comprising 59,138 tones imports cargo and 41,695 export cargo carried in 1,730 Containers (623 TEUs Imports and 1,107 TEUs Export) was handled at the port during last 24 hours.

There are 17 ships at Outer Anchorage of the Port Qasim, out of them three ships, Mol Earnest, Nave Atropos and Mercury Sky and two more ships, PGC Yiannios and Antigoni Force carrying Container, Gasoline, Coal, LPG and Coal are expected to take berths QICT, FOTCO, SSGC, PIBT and PQEPT respectively on today 3rd July, 2026.

Copyright Business Recorder, 2026

====================================
BR INDICASE AT A GLANCE
====================================
             BRINDEX100             
====================================
Day Close:                178,200.02
High:                     178,985.95
Low:                      177,759.88
Net Change:                 2,105.90
Volume (000):                255,197
Value (000):              21,882,978
Makt Cap (000)         5,063,042,000
------------------------------------
BR AUTOMOBILE ASSEMBLER
------------------------------------
Day Close:                 23,971.99
NET CH                    (+) 197.14
------------------------------------
BR CEMENT
------------------------------------
Day Close:                 12,599.16
NET CH                    (+) 290.02
------------------------------------
BR COMMERCIAL BANKS
------------------------------------
Day Close:                 62,536.18
NET CH                    (+) 574.02
------------------------------------
BR POWER GENERATION AND DISTRIBUTION
------------------------------------
Day Close:                 27,860.13
NET CH                    (+) 336.47
------------------------------------
BR OIL AND GAS
------------------------------------
Day Close:                 14,808.07
NET CH                    (+) 229.83
------------------------------------
BR TECH & COMM
------------------------------------
Day Close:                  3,705.80
NET CH                     (+) 57.86
------------------------------------
As on:              03- August -2026
====================================

These indices are available Live on Aaj TV, www.brecorder.com and www.khistocks.com.

For further information please visit www.khistocks.com

Copyright Business Recorder, 2026

The local unit closed at 277.80, a gain of Re0.07 against 277.87 it had closed at against the greenback a week earlier, according to State Bank of Pakistan (SBP) data.

The SBP’s Monetary Policy Committee (MPC), in its first meeting in the fiscal year 2026-27, decided to keep the policy rate unchanged at 11.5 percent. The decision was in line with market expectations.

Meanwhile, foreign exchange reserves held by the SBP declined by USD229 million to USD17.03 billion during the week ended July 24, 2026, mainly due to external debt repayments. The country’s total liquid foreign exchange reserves stood at USD22.44 billion. Of these, commercial banks held USD5.41.

Open-market rates

In the open market, the PKR lost 16 paise for buying and 3 paise for selling against USD, closing at 278.93 and 279.85, respectively.

Against Euro, the PKR lost 2.75 rupees for buying and 3.06 rupees for selling, closing at 321.63 and 324.83, respectively.

Against UAE Dirham, the PKR gained 7 paise for buying and 3 paise for selling, closing at 76.27 and 76.91, respectively.

Against Saudi Riyal, the PKR gained 13 paise for buying and 6 paise for selling, closing at 74.56 and 75.18, respectively.

=========================================

THE RUPEE

=========================================

Weekly inter-bank market rates for dollar

=========================================

Bid Close Rs. 277.80

Offer Close Rs. 278.00

Bid Open Rs. 277.87

Offer Open Rs. 278.07

=========================================

Weekly open-market rates for dollar

=========================================

Bid Close Rs. 278.93

Offer Close Rs. 279.85

Bid Open Rs. 278.77

Offer Open Rs. 279.82

=========================================

Copyright Business Recorder, 2026

Average daily turnover (ADTO) in the futures market surged 157.6 percent week-on-week to 477.59 million shares, compared with 185.38 million shares in the previous week.

The value of futures trading also increased substantially, with average daily traded value rising 156.0 percent to Rs19.86 billion, up from Rs7.76 billion a week earlier, reflecting a significant improvement in market participation and trading activity.

Despite the recovery, analysts noted that activity in the derivatives market is likely to remain sensitive to developments on the geopolitical front, movements in international oil prices, and domestic macroeconomic indicators, which are expected to continue shaping investor positioning in the coming weeks.

Copyright Business Recorder, 2026

The decline in international Brent crude oil prices by around 9 percent week-on-week to below USD90 per barrel further boosted risk appetite, helping the benchmark KSE-100 Index recover more than 5,000 points over the week.

According to the weekly market review, the benchmark KSE-100 Index gained 5,072.93 points, or around 3.0 percent week-on-week, to close at 176,094.13 points, compared with the previous week’s close of 171,021.20 points.

Although the market witnessed some profit-taking towards the end of the week, analysts noted that the early-week rally, triggered by the geopolitical ceasefire, remained the primary driver of the week’s positive performance, while caution persists due to lingering regional uncertainties.

The recovery was also reflected in the Business Recorder indices. The BRIndex100 advanced from 18,716.85 points to 19,346.81 points, gaining 629.96 points during the week. The index recorded a total turnover of 3.426 billion shares, translating into an average daily turnover of approximately 685.12 million shares. Similarly, the BRIndex30 climbed from 67,530.25 points to 69,567.15 points, posting a gain of 2,036.90 points. Weekly turnover on the BRIndex30 stood at 1.640 billion shares, with an average daily turnover of approximately 327.91 million shares.

The rebound in equities also restored investor wealth, with the total market capitalization of the Pakistan Stock Exchange increasing by 2.5 percent during the week. The market’s capitalization in rupee terms rose from Rs19.278 trillion to Rs19.756 trillion, adding nearly Rs477.32 billion. In US dollar terms, market capitalization increased from US$69.38 billion to US$71.11 billion, reflecting a similar growth of 2.5 percent.

The week’s performance was supported by several macroeconomic developments. The State Bank of Pakistan kept the benchmark policy rate unchanged at 11.5 percent, citing inflationary risks arising from regional geopolitical uncertainty while maintaining its FY27 GDP growth projection in the range of 3.5 to 4.5 percent. Meanwhile, the government increased retail prices of motor spirit (petrol) and High-Speed Diesel by Rs4.63 per litre and Rs15.38 per litre, respectively, while ruling out any reduction in the Petroleum Development Levy without an IMF-supported fiscal plan.

Pakistan’s external position also received support after Saudi Arabia agreed to roll over its US$5 billion deposit with Pakistan for another three years, reducing the country’s external financing requirement for FY27 to USD21.5 billion.

On the trade front, the United States imposed a 10 percent tariff on Pakistani exports, replacing the previous baseline rate. Although the tariff remains lower than those imposed on several regional competitors, it nevertheless attracted investor attention during the week.

On the fiscal side, government spending under the Public Sector Development Programme exceeded its revised FY26 allocation by Rs96 billion, while the State Bank’s foreign exchange reserves declined by US$229 million over the week to US$17 billion.

Trading activity improved considerably across the ready markets. Average daily turnover on the ready market increased by 19.4 percent to 831.29 million shares, compared with 696.04 million shares in the previous week. Average daily traded value rose 14.1 percent to Rs31.66 billion, while the dollar value increased by 14.2 percent to US$113.96 million.

Sector-wise trading activity remained concentrated in a handful of sectors. Investment banks accounted for 19 percent of total market volume, followed by Technology & Communication with 16 percent, Refineries with 15 percent, Cement with 8 percent, commercial banks with 5 percent, while all other sectors jointly contributed 38 percent.

Nearly all major sectors closed the week in positive territory. Refineries led the rally with gains of 6.3 percent, followed by Fertilizer (4.1 percent), Textile Companies (3.9 percent), Commercial Banks (3.2 percent), Cement (2.6 percent), Automobiles (2.5 percent), Engineering (2.4 percent), Technology & Communication (2.4 percent), Chemicals (2.2 percent), Exploration & Production (1.8 percent), Food (1.3 percent), Oil Marketing Companies (1.2 percent), Power (1.1 percent) and Pharmaceuticals (0.8 percent).

Among individual stocks, Adamjee Insurance Company Limited (AICL) emerged as the top weekly performer, gaining 19.0 percent to close at Rs92.46. Other notable gainers included Maple Leaf Cement Factory (MLCF) (+7.6 percent), Pakistan International Bulk Terminal (PIBTL) (+7.5 percent), Kohat Cement (KOHC) (+7.4 percent), IBFL (+7.3 percent), Cherat Cement (CHCC) (+7.1 percent) and Interloop Limited (ILP) (+6.9 percent).

On the losing side, HGFA declined 8.1 percent, followed by PIOC (-5.0 percent), PGLC (-3.8 percent), YOUW (-3.4 percent), TPLRF1 (-3.0 percent), JDWS (-2.6 percent) and FFL (-2.5 percent).

Market participants believe that while the easing of geopolitical tensions has restored confidence and encouraged bargain hunting, the sustainability of the rally will largely depend on regional developments, international oil prices, domestic macroeconomic indicators, and policy measures in the coming weeks.

Copyright Business Recorder, 2026

However, industry leaders warn that cotton production faces a fresh threat from an unexpected quarter. Following the setting up of a large sugar mill in Rahim Yar Khan, plans for another such facility in Ghotki have sparked fears that some of the country’s most productive cotton belts, including Ghotki, Mirpur Mathelo and Pano Aqil, could suffer serious damage. Ehsan-ul-Haq, Chairman of the Cotton Ginners Forum, criticized the trend, saying the country was effectively promoting a crop that worked against its own national interest. He also pointed to the import of under-invoiced fabrics and cotton yarn from China, saying it was inflicting serious damage on the domestic textile industry and demanded urgent government intervention.

In a related development, the Sindh High Court has granted temporary relief to the Karachi Cotton Association, permitting it to continue operating from its premises. Despite the order, association officials say they have yet to be allowed back into the building, leaving members uneasy about the outcome of the dispute.

On a brighter note, Pakistani textile products drew strong international interest at recent global exhibitions. The events brought together four hundred twenty-five exhibitors from twenty countries, including Pakistan, with the Pakistani pavilion emerging as a major highlight and attracting considerable attention from foreign buyers.

Cotton Market Sees Bullish Trend Amid Cautious Trading

The local cotton market recorded an overall bullish trend last week after a period of price stability. Textile mills continued to purchase cotton cautiously, while ginners based their selling prices on the rates and quality of seed cotton (phutti). Trading volume remained inconsistent throughout the week, fluctuating between sluggish and improved activity. Rainfall in various cotton-growing regions prompted ginners to adopt a more careful approach, although mills in need of stock continued to show buying interest.

International cotton prices also witnessed considerable volatility during the week. Mixed developments surrounding tensions between the United States, Iran, and Israel further contributed to fluctuations in the global market, as both positive and negative news impacted investor sentiment.

Meanwhile, concerns are growing over the establishment of new sugar mills in key cotton-producing areas, a development that is adversely affecting cotton cultivation. Despite the seriousness of the issue, the government has shown little resistance to this trend. Analysts note that cotton holds far greater economic significance for the country than sugar, since surplus sugar production is often exported at low international prices, while the country is forced to spend valuable foreign exchange reserves on cotton imports. Observers have questioned why this straightforward economic reality continues to escape policymakers.

Districts such as Ghotki, Mirpur Mathelo, and Pano Aqil, long regarded as some of the country’s most productive cotton belts, are now at risk, as the expansion of sugar mills in these regions threatens to inflict serious damage on local cotton production.

Cotton prices remained largely stable across Pakistan’s major cotton-producing provinces, according to the latest market report.

In Sindh, cotton was trading between Rs18,100 and Rs18,400 per maund, while seed cotton (phutti) fetched Rs8,200 to Rs8,800 per 40 kg. In Punjab, cotton prices ranged from Rs18,600 to Rs19,200 per maund, with phutti selling between Rs8,300 and Rs9,200 per 40 kg. Meanwhile, in Balochistan, cotton prices stood at Rs18,200 to Rs18,400 per maund, and phutti was priced between Rs8,700 and Rs9,400 per 40 kg.

The Spot Rate Committee of the Karachi Cotton Association maintained the spot rate at Rs18,200 per maund, keeping it unchanged from the previous session.

Speaking on international market trends, Karachi Cotton Brokers Forum Chairman Naseem Usman said the global cotton market showed a mixed pattern, with New York cotton futures trading between 79 and 81 US cents per pound.

According to the US Department of Agriculture’s (USDA) weekly export and sales report, 29,700 bales were sold for the 2025-26 marketing year. Vietnam emerged as the top buyer with purchases of 14,200 bales, followed by Pakistan in second place with 5,300 bales, and India in third place with 3,400 bales.

For the 2026-27 marketing year, total sales reached 352,400 bales. Vietnam again led the buying with 245,500 bales, followed by India with 42,200 bales and Pakistan with 18,400 bales, ranking second and third, respectively.

On the export front, total shipments amounted to 233,800 bales. Vietnam remained the largest importer, receiving 78,600 bales, followed by Pakistan with 49,400 bales and Indonesia with 18,000 bales, securing the second and third positions respectively.

Pakistan’s new sugar mill in Ghotki signals sugarcane expansion in cotton zones. But cane uses far more water, weakens export supply, and pushes farmers away from cotton. Cotton first is the needed policy shift.

The start of trial operations by another sugar factory in Ghotki should not be read as a routine industrial development. It is a warning sign. The plant has already processed around 92,000 tonnes of sugarcane and takes the number of sugar mills in a district once known for cotton from five to six.

Pakistan is expanding the wrong crop. Sugarcane may offer the farmer an assured buyer and timely cash flow, but it is a poor national bargain. It locks land and water into a long-duration crop in a country that is already water-stressed, while displacing cotton, the crop that feeds Pakistan’s most important export industry.

The arithmetic is not complicated. According to figures cited by Sindh Agriculture University Tandojam Vice Chancellor Dr Altaf Ali Siyal, sugarcane requires 66.9 inches of water per acre. Cotton requires 31.5 inches. Wheat requires 16.7 inches. In other words, one acre of sugarcane consumes more water than cotton and wheat combined.

This is not just an agronomic problem. It is an economic misallocation. PIDE research has found that sugarcane consumes about 3.5 times more water than cotton, while one litre of water used in cotton production generates about four times higher monetary benefit at both the farm-gate and processing stages.

Cotton, unlike sugarcane, sits at the centre of an export value chain. Profit has previously reported that textiles account for between 50 and 60 percent of Pakistan’s export earnings, while the country’s cotton output has fallen sharply from 14 million bales in 2005 to around 5 million bales last year. This decline has forced mills to rely on imported cotton, adding pressure to the import bill and weakening the domestic farm-to-factory chain.

Sugarcane’s defenders argue that farmers choose it because cotton has become risky. That is true, but it is not an argument for further cane expansion. It is an indictment of cotton policy. Weak seed research, pest vulnerability, unstable prices, poor extension services and uncertain procurement have pushed farmers towards crops that offer better short-term security.

The policy response should be clear. No more public encouragement, regulatory softness or infrastructure bias for sugarcane expansion in cotton zones. Water pricing must reflect scarcity. Crop zoning must be enforced. Cotton areas should receive priority in canal water, seed development, pest control, crop insurance, financing and price support.

Pakistan cannot keep subsidising a crop that exports water and imports inflation. The country needs foreign exchange, rural employment and industrial depth. That means cotton first, not cane.

Cotton industry is facing mounting pressure amid allegations that large quantities of fabric imported from China under the Export Facilitation Scheme (EFS) are being diverted to the open market after under-invoicing while widespread rains and looming floods threaten to inflict fresh damage on the standing cotton crop.

Cotton Ginners Forum Chairman Ihsanul Haq warned on Sunday that the industry, already grappling with declining cotton production, soaring energy costs, heavy taxation and expensive bank financing, could face further deterioration if alleged loopholes in the EFS were not addressed. He claimed that after reports of under-invoiced cotton yarn imports from China being sold in the local market, similar concerns had now emerged regarding fabric imports under the same mechanism.

Haq urged the federal government to carry out a strict audit of all imports made under the EFS to prevent further damage to the domestic textile and cotton sectors.

The All Pakistan Textile Mills Association (Aptma) had earlier provided the Federal Board of Revenue (FBR) with data regarding millions of kilograms of yarn allegedly imported through under-invoicing under the scheme. He said the domestic cotton industry had been in decline for several years due to shrinking cotton production and quality, high taxes, record electricity and gas tariffs, and costly bank borrowing. As a result, export-oriented textile mills had become increasingly dependent on imported cotton.

East Coast’s largest textile and apparel sourcing exhibition concluded successfully at the Javits Center after a three-day run from July 29 to 31.

The event, comprising Texworld New York, Apparel Sourcing New York, and Home Textiles Sourcing New York, is widely regarded as the region’s premier gathering for the textile and apparel trade. This year’s edition drew more than 425 exhibitors from 20 countries, offering a key platform for sourcing, sustainability, and global business networking.

The 2026 edition held special significance as it marked the 20th anniversary of Texworld New York, celebrating two decades of connecting the international textile industry and promoting cross-border collaboration.

Pakistan was represented by six companies, which showcased their strengths in fashion, apparel, and home textiles. Their presence reinforced the country’s standing as a dependable sourcing destination, known for quality manufacturing, sustainable practices, competitive capabilities, and a strong export track record.

The participating firms, Pak Champions, A One International, Aam Trade Corporation, MRI Group, Nazir Imports, and Rocky Imports, displayed their products at the Pakistan Pavilion, set up under the Trade Development Authority of Pakistan (TDAP).

Pakistan’s Ambassador to the United States, Rizwan Saeed Sheikh, visited the pavilion along with Pakistan’s Consul General in New York and the Trade and Investment Counsellor. During the visit, the ambassador met with exhibitors and praised their efforts in effectively representing Pakistan’s textile sector on the international stage.

Industry observers said the strong turnout from Pakistani companies reflected the country’s expanding footprint in the global textile and apparel market, as well as its ongoing commitment to supplying high-quality products to international buyers.

Copyright Business Recorder, 2026

No sign of relief for inflation-stricken people as prices continued to rise amid the government’s daily fuel prices review and change policy.

According to the market-survey, the prices of tomatoes remained high, as low quality tomatoes were available at Rs250 and good quality at Rs350 and per kilogramme.

Prices of sugar have also increased as the commodity was available at Rs152 per kilogramme against the price of Rs150 per kilogramme in the retail market.

Similarly, the prices of cooking oil/ghee of various brands remained unchanged.

On the other hand, the prices of live chicken/meat showed an upward trend in the retail market.

According to the survey, a one kilogram live chicken/meat was Rs375 per kilogramme against the price of Rs345 per kilogramme in the previous week as compared to preceding, showing an decrease of Rs30 per kilo in the retail market.

According to the survey, a one kilogramme cow meat without bone is being sold at Rs1350 and cow meat with bone at Rs1500 per kilogramme against the official rates of Rs900 per kilogramme announced by local authorities concerned, the survey said.

The price of mutton beef was being sold from Rs2800 to Rs3000 per kg in the open market, the survey added.

The provincial government of Khyber Pakhtunkhwa blamed the federal and Punjab governments for escalating prices of wheat flour and other products due to unconstitutional ban on movement of wheat from Punjab to Khyber Pakhtunkhwa.

Similarly, the survey noted no change was witnessed in prices of wheat flour, maida and other products.

A 20-kg flour bag has increased at Rs3000 and Rs2900 in the wholesale and retail market which was selling at Rs2700 and Rs2500 respectively in the previous week, the survey said.

Likewise, the price of a 80-kg sac has gone up at Rs13000 in the wholesale market.

A one kilogramme onion is being sold at Rs100-120 per kilogramme whereas ginger available at Rs400-500 per kilogramme and garlic was available at Rs200-250 and Rs300 per kilogramme.

Lemon was available at Rs400 per kilogramme against the price of Rs500 per kilogramme while green chili was being sold at Rs100-150 per kilogramme, the survey said.

Prices of LPG gas also remained high in the open market, the survey said.

One kilogramme sugar was being sold at Rs150 against the price of Rs 160 per kilogramme, the survey said.

Buyers have complained that prices of food grains, especially those which were daily use items in the kitchen, were beyond their purchasing power.

The soaring prices continue to break the back of the common man, they said.

Prices of pulses remained unchanged in the retail market, according to the survey.

The survey said good quality (sela) was available at Rs 360 per kilogramme, while low quality rice was available at Rs 300-320 per kilogramme, while toota rice was available at Rs 200-220 per kilogramme.

Similarly, the survey furthermore said dal mash was available at Rs 480, dal masoor at Rs 320 per kilogramme, dal chilka (black) at Rs 320 per kilogramme, dal chilka (green) at Rs 260 per kilogramme, moonge at Rs 400 per kilogramme, dhoti dal at Rs 400 per kilogramme, dal Channa at Rs 450 per kilogramme, red bean at Rs 440 per kilogramme, Gram flour (baisen) at Rs 420 per kilogramme against Rs 280 per kilogramme, big-size white Channa at Rs 380 per kilogramme, small-size white channa from Rs 360 per kilogramme.

Fruits, which are staple, but prices, are sky-rocketed in the local market, according to the survey.

Apple was available at Rs 400-500 per kilogramme, banana at Rs200 per dozen, garma at Rs300-400 per piece, mangoes at Rs200 and Rs300 per kilogramme, leechi at Rs1000 per kilogram, Jaman at Rs800 per kilogramme.

Copyright Business Recorder, 2026

=================================================================================
                                                  Prices
Product Description                                          Fully
                                                Standard      A/C          Loaded
                                                   Model     Model          Model
=================================================================================
SUZUKI
---------------------------------------------------------------------------------
Suzuki Alto VXR AGS Upgraded                    3,166,480                       -
Suzuki Alto VXL AGS Upgraded                    3,326,450                       -
Suzuki Alto VXR Upgraded                        2,944,861                       -
Suzuki Cultus VXR                               4,089,490                       -
Suzuki Cultus VXL                               4,359,160                       -
Suzuki Cultus Auto Gear Shift                   4,591,460                       -
Suzuki Ravi Euro ll                             2,075,560                       -
Suzuki Ravi Deckless                            1,889,810                       -
Suzuki Swift GL Manual                          4,460,160                       -
Suzuki Swift GL CVT                             4,605,600                       -
Suzuki Every VX                                 2,912,230                       -
Suzuki Every VXR                                2,965,200                       -
Suzuki Fronx GL A/T                             6,099,999                       -
Suzuki Fronx GL M/T                             5,999,999                       -
Suzuki Fronx GLX A/T                            6,374,999                       -
Suzuki Fronx GLX A/T Mono Tone                  6,299,999                       -
Suzuki Swift GLX CVT                            4,766,190                       -
---------------------------------------------------------------------------------
Honda
---------------------------------------------------------------------------------
Honda BR-V i-VTEC S                             6,429,000                       -
Honda City 1.2L M/T                             4,696,000                       -
Honda City 1.2L CVT                             4,737,000                       -
Honda City 1.5L CVT                             5,439,000                       -
Honda City 1.5L ASPIRE M/T                      5,649,000                       -
Honda City 1.5L ASPIRE CVT                      6,069,000                       -
Honda City 1.5L ASPIRE S CVT                    6,149,000                       -
Honda HR-V e:HEC                                8,999,000                       -
Honda HR-V VTi                                  7,549,000                       -
Honda HR-V VTi-S                                7,799,000                       -
Honda Civic Oriel                               8,834,000                       -
Honda Civic Standard                            8,499,000                       -
Honda Civic RS                                 10,100,000                       -
---------------------------------------------------------------------------------
Toyota
---------------------------------------------------------------------------------
Toyota Yaris Sedan GLI MT 1.3                   4,649,000                       -
Toyota Yaris Sedan ATIV MT 1.3                  4,829,000                       -
Toyota Yaris Sedan GLI CVT 1.3                  4,835,000                       -
Toyota Yaris Sedan ATIV X CVT 1.5
Black Interior                                  6,449,000                       -
Toyota Yaris Sedan ATIV X CVT 1.5
Beige Interior                                  6,389,000                       -
Toyota Yaris Sedan ATIV CVT 1.3                 5,719,000                       -
Toyota Corolla Altis X Manual 1.6               6,194,000                       -
Toyota Corolla Altis 1.6 X CVT-i                6,794,000                       -
Toyota Corolla Altis X CVT-i 1.8                7,124,000                       -
Toyota Corolla Altis 1.6 X CVT-i
Special Edition                                 7,434,000                       -
Toyota Corolla Altis Grande X 
CVT-i 1.8
Beige Interior                                  7,764,000                       -
Toyota Corolla Altis Grande X 
CVT-i 1.8
Black Interior                                  7,804,000                       -
Toyota Hilux Revo G 2.8                        12,329,000                       -
Toyota Hilux Revo V Automatic 2.8              14,279,000                       -
Toyota Hilux Revo G Automatic 2.8              12,939,000                       -
Toyota Hilux E                                 11,379,000                       -
Toyota Hilux Revo Rocco                        14,869,000                       -
Toyota Hilux Revo GR-S                         15,839,000                       -
Toyota Fortuner 2.7 G                          12,547,000                       -
Toyota Fortuner 2.8 Sigma 4                    18,651,000                       -
Toyota Fortuner 2.7 V                          15,047,000                       -
Toyota Fortuner Legender                       19,681,000                       -
Toyota Fortuner GR-S                           20,611,000                       -
Toyota Corolla Cross 1.8 HEV                    8,535,000                       -
Toyota Corolla Cross 1.8                        7,235,000                       -
Toyota Corolla Cross 1.8 X                      7,935,000                       -
Toyota Corolla Cross 1.8 HEV X                  8,935,000                       -
Toyota Hiace Standard Roof                     13,069,000                       -
Toyota Hiace High Roof Commuter                14,959,000                       -
Toyota Hiace High Roof Tourer                  17,059,000                       -
Toyota Hiace Luxury Wagon High 
Grade                                          21,029,000                       -
Toyota Coaster 29 Seater F/L                   26,789,000                       -
Toyota Prado TX 2.7L                           55,111,000                       -
Toyota Prado VX 2.8L D                         60,111,000                       -
Toyota Land Cruiser ZX Gasoline 3.5L           95,000,000                       -
---------------------------------------------------------------------------------
Kia
---------------------------------------------------------------------------------
Kia SPORTAGE L ALPHA                            8,899,000                       -
Kia SPORTAGE L FWD                             10,499,000                       -
Kia SPORTAGE L HEV                             11,299,000                       -
Kia Picanto 1.0 AT                              4,090,000                       -
Kia Shehzore K2700 Grand Cabin                  7,499,000                       -
Kia Shehzore K2700 King Cabin                   4,479,000                       -
Kia Shehzore K2700 Standard Cabin               4,259,000                       -
Kia Stonic EX+                                  5,999,000                       -
Kia Stonic EX                                   4,862,000                       -
Kia Sorento 3.5 FWD                            13,649,000                       -
Kia Sorento 1.6T HEV FWD                       15,299,000                       -
Kia Sorento 1.6T HEV AWD                       16,699,000                       -
Kia EV5 AIR                                    18,500,000                       -
Kia EV5 EARTH                                  23,500,000                       -
Kia EV9 GT LINE                                43,200,000                       -
Kia Carnival 3.5L V6                           18,200,000                       -
---------------------------------------------------------------------------------
Hyundai
---------------------------------------------------------------------------------
Hyundai H-100 Deckless                          4,395,000                       -
Hyundai H-100 Flat Deck                         4,415,000                       -
Hyundai H-100 High Deck                         4,435,000                       -
Hyundai Elantra Hybrid                          9,895,000                       -
Hyundai Tucson Hybrid Signature                12,240,000                       -
Hyundai Tucson Hybrid Smart                    11,220,000                       -
Hyundai Sonata 2.0                             10,330,000                       -
Hyundai Sonata 2.5                             11,545,000                       -
Hyundai Sonata N Line 2.5 Turbo                16,521,000                       -
Hyundai Santa Fe Signature                     13,895,000                       -
Hyundai Santa Fe Smart                         12,450,000                       -
Hyundai Palisade Hybrid Calligraphy            22,999,000                       -
Hyundai Palisade Hybrid Smart                  20,999,000                       -
Hyundai Ioniq 5 EV                             24,999,000                       -
Hyundai Ioniq 6 EV                             23,000,000                       -
---------------------------------------------------------------------------------
Isuzu
---------------------------------------------------------------------------------
Isuzu D-Max Hi Rider M/T                       10,990,000                       -
Isuzu D-Max X Terrain                          13,390,000                       -
Isuzu D-Max V-Auto Plus Double
Cab High Ride                                  10,790,000                       -
Isuzu D-Max V-Cross G A/T                      12,490,000                       -
Isuzu D-Max V-Cross G M/T                      11,890,000                       -
---------------------------------------------------------------------------------
Changan
---------------------------------------------------------------------------------
Changan M9 Sherpa Power 1.2L                    2,349,000                       -
Changan Karvaan Plus 1.2                        3,299,000                       -
Changan Karvaan Comfort                         3,149,000                       -
Changan Alsvin 1.3L MT Comfort                  3,789,000                       -
Changan Alsvin 1.5L DCT Lumiere                 4,499,000                       -
Changan Alsvin Black Edition                    4,999,000                       -
Changan Oshan X7 FutureSense 7 Seat             9,299,000                       -
Changan Oshan X7 Comfort                        7,949,000                       -
Changan Oshan X7 FutureSense                    8,699,000                       -
---------------------------------------------------------------------------------
DFSK
---------------------------------------------------------------------------------
DFSK Glory 580 1.5 CVT                          5,610,000                       -
DFSK Glory 580 1.8 CVT                          5,806,000                       -
DFSK Glory 580 Pro                              6,790,000                       -
---------------------------------------------------------------------------------
Prince
---------------------------------------------------------------------------------
Prince K07 S                                    2,550,000                       -
Prince K01 S                                    2,070,000                       -
---------------------------------------------------------------------------------
Haval
---------------------------------------------------------------------------------
Haval H6 1.5T                                   8,923,986                       -
Haval H6 2.0T AWD                              10,158,617                       -
Haval H6 HEV                                   11,523,015                       -
Haval H6 PHEV                                  12,895,000                       -
Haval Jolion 1.5 T                              7,796,106                       -
Haval Jolion 1.5 HEV                            9,116,216                       -
---------------------------------------------------------------------------------
MG
---------------------------------------------------------------------------------
MG Cyberster GT (Dual)                         29,990,000                       -
MG Cyberster GT (Single)                       26,990,000                       -
MG 4 Essence                                   10,990,000                       -
MG 4 Excite                                     9,799,000                       -
MG 5 EV SE Long Range                          13,490,000                       -
MG HS 2.0T AWD                                  9,299,000                       -
MG HS PHEV                                      9,899,000                       -
MG HS Trophy                                    8,399,000                       -
MG ZS EV MCE Essence                           10,990,000                       -
MG ZS EV MCE Long Range                        14,999,000                       -
---------------------------------------------------------------------------------
Audi
---------------------------------------------------------------------------------
Audi e-tron GT Standard                        58,000,000                       -
Audi e-tron GT RS                              57,000,000                       -
Audi A6 e-tron Executive Edition 
Sportback                                      42,000,000                       -
Audi A6 e-tron Signature Sportback             29,000,000                       -
Audi Q6 e-tron Performance                     42,000,000                       -
Audi Q6 e-tron Signature                       27,800,000                       -
Audi Q6 e-tron Special                         29,500,000                       -
Audi Q6 S Line 55 TFSI quattro                 76,000,000                       -
Audi Q2 1.0 TFS Exclusive Line                  7,250,000                       -
Audi Q2 1.0 TFS Standard Line                   7,050,000                       -
Audi Q3 35 TFSI Advanced                       21,900,000                       -
Audi Q8 55 TFSI quattro                        86,500,000                       -
Audi Q8 E-Tron 50 quattro (Electric)           38,500,000                       -
Audi Q8 E-Tron 55 quattro (Electric)           38,950,000                       -
Audi Q8 E-Tron Sportback 50 quattro 
(Electric)                                     42,950,000                       -
Audi Q8 E-Tron Sportback 55 quattro 
(Electtric)                                    47,500,000                       -
=================================================================================

Copyright Business Recorder, 2026

Despite strong buying at the opening, investors opted to book profits in select heavyweight stocks during the second half of the session, limiting the benchmark index’s advance.

The benchmark KSE-100 Index gained 546.13 points, or 0.31 percent, to settle at 176,094.12 points, compared with the previous close of 175,547.98 points. The index climbed to an intraday high of 177,108.67 points before retreating to an intraday low of 175,934.99 points as traders pared positions before the weekend.

Business Recorder indices also portrayed an overall positive performance across the market. The BRIndex100 advanced by 56.91 points, or 0.30 percent, to close at 19,346.81 points, with total traded volume improving to 642.81 million shares. Likewise, the BRIndex30 gained 174.88 points, or 0.25 percent, to settle at 69,567.15 points on a turnover of 288.61 million shares.

Ali Najib, Deputy Head of Trading at Arif Habib Limited, said the market witnessed another mixed trading session with strong momentum at the opening that gradually faded later in the day.

“PSX witnessed another mixed session today. The market opened on a strong note. However, gains were partially erased during the second half of the session as traders opted to square off positions ahead of the weekend, resulting in a modest positive close,” he said.

Najib added that Engro Holdings (ENGROH), Habib Bank Limited (HBL), Lucky Cement (LUCK), Bank Al Habib Limited (BAHL), and Askari Bank Limited (AKBL) collectively contributed around 250 points to the benchmark index. On the other hand, Engro Fertilisers (EFERT), United Bank Limited (UBL), Habib Metropolitan Bank (HMB), Javedan Corporation (JVDC), and Maple Leaf Cement Factory (MLCF) jointly erased around 101 points due to selective profit-taking.

Trading activity strengthened on the ready counter as overall market participation increased. Total Ready Market volume rose to 880.95 million shares from 711.20 million shares in the previous session. However, traded value slightly declined to Rs24.96 billion compared with Rs25.40 billion a day earlier. Ready Market capitalization increased by Rs38.14 billion to Rs19.756 trillion from Rs19.718 trillion recorded in the previous session.

Market breadth remained positive. Of the 493 companies traded on the Ready Market, 273 advanced, 185 declined and 35 remained unchanged.

Trust Brokerage remained the volume leader for the second consecutive session, with 178.80 million shares changing hands. The stock settled at Rs2.57, compared with its previous close of Rs2.53.

It was followed by Dadabhoy Cement, which traded 81.74 million shares and closed at Rs20.40. Cnergyico PK ranked third with 50.46 million shares, ending at Rs10.74, while Wasl Mobility Modaraba processed 48.68 million shares and hit its upper circuit to close at Rs7.92.

Among individual stocks, The Thal Industries Corporation Limited posted the highest gain in absolute terms, rising Rs104.68 to close at Rs1,151.46 per share, followed by Nestle Pakistan Limited, which added Rs91.49 to settle at Rs7,913.37 per share.

On the losing side, PIA Holding Company Limited (B) shed Rs372.50 to close at Rs17,627.50 per share, while Khyber Textile Mills Limited declined Rs74.65 to end at Rs2,002.81 per share.

Among the Business Recorder sectoral indices, the BR Cement Index emerged as the top performer, climbing 64.82 points, or 0.53 percent, to close at 12,309.14 points, while generating the highest sectoral turnover of 112.06 million shares. The BR Tech & Communication Index rose 11.98 points, or 0.33 percent, to settle at 3,647.94 points on a trading volume of 83.75 million shares.

The BR Commercial Banks Index advanced by 183.32 points, or 0.30 percent, to end at 61,962.16 points, with 34.01 million shares changing hands, reflecting selective buying in banking stocks. The BR Oil and Gas Index also closed in positive territory, gaining 35.42 points, or 0.24 percent, to finish at 14,578.24 points on turnover of 37.33 million shares.

Meanwhile, the BR Automobile Assembler Index edged up 8.25 points, or 0.03 percent, to settle at 23,774.85 points with a modest turnover of 1.70 million shares. The BR Power Generation and Distribution Index was the only laggard among the major BR sectoral indices, easing by 7.96 points, or 0.03 percent, to close at 27,523.66 points on a volume of 25.01 million shares.

Market participants said the benchmark index managed to close the week in positive territory despite late-session profit-taking, indicating that underlying sentiment remains constructive. They noted that the ongoing corporate earnings season, improving macroeconomic indicators and expectations of further economic stability continue to support investor confidence.

However, geopolitical developments, corporate financial results and dividend announcements are expected to remain the primary drivers of market direction in the sessions ahead.

Copyright Business Recorder, 2026

====================================
BR INDICASE AT A GLANCE
====================================
             BRINDEX100             
====================================
Day Close:                176,094.12
High:                     177,108.67
Low:                      175,934.99
Net Change:                   546.14
Volume (000):                210,431
Value (000):              14,489,802
Makt Cap (000)         5,003,207,000
------------------------------------
BR AUTOMOBILE ASSEMBLER
------------------------------------
Day Close:                 23,774.85
NET CH                      (+) 8.25
------------------------------------
BR CEMENT
------------------------------------
Day Close:                 12,309.14
NET CH                     (+) 64.82
------------------------------------
BR COMMERCIAL BANKS
------------------------------------
Day Close:                 61,962.16
NET CH                    (+) 183.32
------------------------------------
BR POWER GENERATION AND DISTRIBUTION
------------------------------------
Day Close:                 27,523.66
NET CH                      (-) 7.96
------------------------------------
BR OIL AND GAS
------------------------------------
Day Close:                 14,578.24
NET CH                     (+) 35.42
------------------------------------
BR TECH & COMM
------------------------------------
Day Close:                  3,647.94
NET CH                     (+) 11.98
------------------------------------
As on:                31- July -2026
====================================

These indices are available Live on Aaj TV, www.brecorder.com and www.khistocks.com.

For further information please visit www.khistocks.com

Copyright Business Recorder, 2026

The benchmark KSE-100 Index declined by 495.00 points, or 0.28 percent, to settle at 175,547.98 points, compared with the previous close of 176,042.99 points.

The market traded within a narrow range throughout the session, touching an intraday high of 176,234.29 points before slipping to an intraday low of 174,612.15 points, reflecting investors’ reluctance to take aggressive positions amid an uncertain geopolitical environment.

Business Recorder’s indices also reflected the cautious undertone prevailing across the market. The BRIndex100 closed at 19,289.90 points, down 53.48 points or 0.28 percent, with a total traded volume of 604.60 million shares.

Similarly, the BRIndex30 declined by 515.33 points, or 0.74 percent, to 69,392.27 points, while total turnover stood at 202.07 million shares.

Ali Najib, Deputy Head of Trading at Arif Habib Limited, said the market remained subdued as investors awaited greater clarity on developments in the Middle East.

“PSX witnessed a range-bound session today, with the KSE-100 Index declining. Investor sentiment remained cautious throughout the session as market participants awaited further progress on the geopolitical front,” he said.

Najib noted that Fauji Fertilizer Company (FFC), United Bank Limited (UBL), Engro Fertilizers (EFERT), Meezan Bank Limited (MEBL) and Pakistan State Oil (PSO) collectively contributed 468 points to the benchmark index.

However, losses in Engro Holdings (ENGROH), Lucky Cement (LUCK), Systems Limited (SYS), Hub Power Company (HUBC) and Pakistan Petroleum Limited (PPL) outweighed those gains, jointly dragging the benchmark down by 548 points.

Trading activity improved on the ready counter despite the subdued market direction.

Total volume in the Ready Market increased to 711.20 million shares from 574.08 million shares in the previous session.

However, traded value remained largely unchanged at Rs25.40 billion compared with Rs25.37 billion a day earlier. Market capitalization declined by around Rs60.58 billion to Rs19.718 trillion from Rs19.778 trillion previously.

Market breadth remained negative across all trading segments. Of the 495 companies traded on the ready counter, 175 advanced, 279 declined and 41 closed unchanged.

Trust Brokerage emerged as the volume leader, with 176.88 million shares changing hands.

The stock closed at Rs2.53. It was followed by WorldCall Telecom, which traded 32.31 million shares and closed at Rs1.19. Pakistan International Bulk Terminal (PIBTL) recorded a turnover of 32.13 million shares to settle at Rs17.01, while Cnergyico PK traded 28.72 million shares and finished at Rs10.61.

Among individual stocks, PIA Holding Company Limited (B) recorded the highest gain in absolute terms, advancing Rs325.32 to close at Rs18,000.00 per share, followed by Bhanero Textile Mills Limited, which gained Rs78.92 to settle at Rs879.00 per share.

On the downside, Unilever Pakistan Foods Limited lost Rs179.99 to close at Rs25,300.01 per share, while Khairpur Sugar Mills Limited declined Rs93.79 to Rs1,109.65 per share.

Among the Business Recorder sectoral indices, the BR Commercial Banks Index emerged as the sole gainer, rising 128.13 points, or 0.21 percent, to close at 61,778.84 points on a turnover of 41.40 million shares, supported by selective buying in leading banking stocks.

In contrast, the BR Cement Index fell 143.77 points, or 1.16 percent, to 12,244.32 points as cement stocks came under selling pressure amid weak investor sentiment, with 39.26 million shares traded.

The BR Power Generation and Distribution Index declined by 256.61 points, or 0.92 percent, to close at 27,531.62 points on a turnover of 28.51 million shares, while the BR Tech & Communication Index shed 34.61 points, or 0.94 percent, to settle at 3,635.96 points with 70.37 million shares changing hands.

The BR Oil and Gas Index retreated 127.96 points, or 0.87 percent, to 14,542.82 points as weakness in exploration and production stocks persisted despite continuing focus on global crude oil developments, with 36.31 million shares traded.

The BR Automobile Assembler Index also edged lower by 31.05 points, or 0.13 percent, to close at 23,766.60 points on a turnover of 2.13 million shares.

Market participants said investors are likely to remain cautious in the near term as geopolitical developments continue to dictate sentiment.

Progress in US-Iran negotiations, particularly regarding the security of the Strait of Hormuz, will remain a key external trigger, while the ongoing corporate earnings season and company-specific announcements are expected to drive selective interest across sectors.

Copyright Business Recorder, 2026

The Total Import Cargo of 118,664 tonnes Comprised of 69,961 tonnes of Containerized Cargo, 7,056 tonnes of B Bulk Cargo &41,647 tonnes of Liquid Cargo.

The Total Export Cargo of 64,152 tonnes Comprised of 38,091 tonnes of Containerized Cargo, 283 tonnes of B Bulk Cargo, 878 tonnes of Cement, 18,800 tonnes of Clinkers & 6,100 tonnes of Liquid Cargo.

Around, 05 ships namely, Meghna Adventure, Liberty Harvest, Msc Mirjam, Yu Xiao6 & Tan Binh 279 berthed at the Karachi Port Trust.

Approximately, Xin Chang Shu, Ever Urban, Even Lunar & Stolt Brelan sailed from the Karachi Port Trust.

PORT QASIM

A total of ten ships were engaged at PQA berths during the last 24 hours, out of them three ships, APL Oregon, BSG Barbados and Seaconger left the port on Thursday morning & another ship ‘Bow Endeavour’ is expected to sail on Thursday.

Cargo volume of 119,058 tones comprising 90,177 tones imports cargo and 28,881 export cargo carried in 2,615 Containers (1,358 TEUs Imports & 1,257 TEUs Export)was handled at the port during last 24 hours.

There are 16 ships at Outer Anchorage of the Port Qasim, out of them five ships, GSL Rossi, MSC Chiloe, Corona, Fatemah Jahan-II and Bahri Gadha carrying Container, Palm oil and Coal are expected to take berths QICT, LCT, PQEPT and PIBT respectively on Thursday 30th July, 2026.

Copyright Business Recorder, 2026

====================================
BR INDICASE AT A GLANCE
====================================
             BRINDEX100             
====================================
Day Close   :             175,547.98
High:                     176,234.29
Low:                      174,612.15
Net Change:                   495.01
Volume (000):                222,465
Value (000):              18,323,231
Makt Cap (000)         4,994,701,000
------------------------------------
BR AUTOMOBILE ASSEMBLER
------------------------------------
Day Close:                 23,766.60
NET CH                     (-) 31.05
------------------------------------
BR CEMENT
------------------------------------
Day Close:                 12,244.32
NET CH                    (-) 143.77
------------------------------------
BR COMMERCIAL BANKS
------------------------------------
Day Close:                 61,778.84
NET CH                    (+) 128.13
------------------------------------
BR POWER GENERATION AND DISTRIBUTION
------------------------------------
Day Close:                 27,531.62
NET CH                    (-) 256.61
------------------------------------
BR OIL AND GAS
------------------------------------
Day Close:                 14,542.82
NET CH                    (-) 127.96
------------------------------------
BR TECH & COMM
------------------------------------
Day Close:                  3,635.96
NET CH                     (-) 34.61
====================================
As on:                  30-July-2026
====================================

These indices are available Live on Aaj TV, www.brecorder.com and www.khistocks.com.

For further information please visit www.khistocks.com

Copyright Business Recorder, 2026

=============================================================================
PORT QASIM INTELLIGENCE
=============================================================================
Berth             Vessel         Working        Agent                Berthing
                                                                         Date
=============================================================================
MULTI PURPOSE TERMINAL
-----------------------------------------------------------------------------
MW-1              Vosco          Rice/          Bulk           July 29th 2026
                  Proper         Cement         Shipping
MW-2              SIBI           Rice           Star           July 27th 2026
                                                Shipping
MW-4              OBE            Coal           Ocean          July 27th 2026
                  Queen                         World
-----------------------------------------------------------------------------
PAKISTAN INTERNATIONAL BULK TERMINAL
-----------------------------------------------------------------------------
PIBT              Samir          Coal           Trade To       July 28th 2026
                                                Shore
-----------------------------------------------------------------------------
GRAIN & FERTILIZER TEMINAL
-----------------------------------------------------------------------------
FAP               Star           Soya Bean      East Wind      July 26th 2026
                  Helena         Seed
FAP               Can Bey        Rice           Ocean          July 23rd 2026
                                                World
-----------------------------------------------------------------------------
ENGRO VOPAK TERMINAL
-----------------------------------------------------------------------------
EVTL              Bow            Chemicals      Posidon        July 29th 2026
                  Endeavour
=============================================================================
DEPARTURE
=============================================================================
Vessel            Commodity      Ship Agent                    Departure Date
=============================================================================
Sea Conger        Palm oil       Alpine                        July 30th 2026
BGS Barbados      Container      GAC                                     -do-
APL Oregon        Container      GAC                                     -do-
=============================================================================
EXPECTED Departures
=============================================================================
Bow Endeavour     Chemicals      Posidon                       July 30th 2026
=============================================================================
OuterAnchorage
=============================================================================
GSL Rossi         Container      GAC                           July 30th 2026
MSC Chiloe        Container      MSC PAK                                 -do-
Corona            Palm oil       Alpine                                  -do-
BahriGhadah       Coal           GAC                                     -do-
Fatemah Jahan-II  Coal           Ass Liner Shipp.                        -do-
Yiannis N.G       Soya Bean      Ocean Service             Waiting for Berths
                  Seed
Cymona Pride      Soya Bean      Ocean Service                           -do-
                  Seed
Union Mariner     Canola         Ocean Service                           -do-
                  Seed
Chang Chang
Nan Hai           Coal           Trade To Shore                          -do-
Mercury Sky       Coal           Ocean Service                           -do-
Dixon             Coal           BurjoJee                                -do-
ES Warrior        Coal           Trade To Shore                          -do-
Aquavita Trust    Coal           Trade To Shore                          -do-
Abdullah-M        Rice           Star Shipping                           -do-
Dolphin-707       PTA Bags       Sea Hawks                               -do-
RM-7              Palm oil       Alpine                                  -do-
=============================================================================
EXPECTED ARRIVAL
=============================================================================
NIL
=============================================================================

Copyright Business Recorder, 2026

The highest activity was recorded in Gold (PKR 26.016 billion) followed by NSDQ100 (PKR 8.989 billion), COTS (PKR 6.602 billion), SP500 (PKR 2.773 billion), Silver (PKR 1.500 billion), Platinum (PKR 954.547 million), Crude Oil (PKR 795.796 million), Copper (PKR 602.287 million), DJ (PKR 595.475 million), Brent (PKR 475.509 million), Soybean (PKR 269.334 million), Cotton (PKR 184.017 million), Wheat (PKR 166.272 million), Japan Equity 225 (PKR 121.621 million), Natural Gas (PKR 112.197 million), Palladium (PKR 69.240 million), Corn (PKR 25.194 million) and Aluminium (PKR 9.392 million).

In Agricultural commodities, a total of 114 lots were traded, amounting to PKR 644.817 million.

Copyright Business Recorder, 2026

=========================================
ALUMINIUM
=========================================
CONTRACT              BID           OFFER
-----------------------------------------
Cash              3205.00         3207.00
3-month           3176.00         3177.00
=========================================
COPPER
=========================================
CONTRACT              BID           OFFER
-----------------------------------------
Cash             13632.00        13633.00
3-month          13607.00        13608.00
=========================================
ZINC
=========================================
CONTRACT              BID           OFFER
-----------------------------------------
Cash              3638.50         3639.00
3-month           3578.50         3579.00
=========================================
NICKEL
=========================================
CONTRACT              BID           OFFER
-----------------------------------------
Cash             16990.00        17000.00
3-month          17190.00        17195.00
=========================================
LEAD
=========================================
CONTRACT              BID           OFFER
-----------------------------------------
Cash              1876.00         1877.00
3-month           1913.00         1914.00
=========================================

Source: London Metals Exchange.

Copyright Business Recorder, 2026