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    Home»Politics»PSX gains over 5,000 points in weekly rally
    Politics

    PSX gains over 5,000 points in weekly rally

    22febdm@gmail.comBy 22febdm@gmail.comAugust 1, 2026No Comments2 Mins Read
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    According to the weekly market report, the KSE-100 Index closed the week at 176,094 points.

    KARACHI: The Pakistan Stock Exchange (PSX) witnessed a bullish trend during the outgoing business week, with the benchmark KSE-100 Index gaining 5,073 points.

    According to the weekly market report, the KSE-100 Index closed the week at 176,094 points after reaching a weekly high of 179,123 points and a low of 174,612 points.

    The average daily trading volume increased by 19.4% week-on-week to 831.3 million shares, while the average daily traded value rose by 14.2% to $114 million.

    The market’s total capitalization also increased by Rs477 billion during the week, reaching Rs19.756 trillion, reflecting improved investor activity and market confidence.

    More read, OGRA raises LPG prices, increasing household cylinder costs from August

    Earlier, Pakistan’s households will pay more for liquefied petroleum gas (LPG) from Aug. 1 after the Oil and Gas Regulatory Authority (OGRA) increased prices by Rs12.89 per kilogram, raising domestic cylinder costs by Rs152.01 for August 2026, according to an official notification issued Friday.

    OGRA set the new consumer price of LPG at Rs254,315.35 per tonne for August, compared with Rs241,432.84 per tonne in July. The price of an 11.8 kilogram domestic LPG cylinder has increased to Rs3,000.92 from Rs2,848.91 last month.

    The revised prices will remain effective throughout August and are expected to increase financial pressure on consumers who rely on LPG for cooking and household energy needs.

    The regulatory authority also raised the producer price of LPG. The new producer rate has been fixed at Rs213,015.35 per tonne, up from Rs200,132.84 per tonne in July. The price of an 11.8kg cylinder at the producer level also increased by Rs152.01, reaching Rs2,513.58.

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