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PSX ends volatile session below 165,000 points | The Express Tribune
KARACHI:
The Pakistan Stock Exchange (PSX) endured a rollercoaster session on Thursday, as intense volatility saw bullish and bearish forces wrestle for market control. By the closing bell, the bears emerged dominant, dragging the benchmark KSE-100 Index down by 1,242 points, or 0.75%, to settle at 164,445.
Trading began on a strong note, buoyed by optimism over a 48-hour ceasefire between Pakistan and Afghanistan, which helped ease geopolitical concerns and initially lifted investor confidence. The index surged to an intraday high of 166,865 points—up 1,179 points (+0.71%)—reflecting broad-based early gains, according to Ali Najib, Deputy Head of Trading at Arif Habib Ltd.
Market Snapshot – October 16, 2025
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* KSE-100: Pullers & Draggers
* KMI-30: Pullers & Draggers pic.twitter.com/X0xr2gyKhR— PSX (@pakstockexgltd) October 16, 2025
However, sentiment reversed sharply in the final trading hour as profit-taking and sector-specific pressure triggered a sell-off. Heavyweight stocks from the fertiliser, technology, and banking sectors—including ENGROH, SYS, FFC, EFERT, BAHL, BAFL, and HBL—collectively wiped out 813 points from the index.
Also Read: IMF warns global debt could hit 123% of GDP by decade’s end, nearing WWII levels
Despite the decline, market participation reached unprecedented levels. The PSX recorded its highest-ever daily trading volume of 3.08 billion shares, with an aggregate traded value of Rs50.6 billion. K-Electric (KEL) led the activity board with an all-time high of 1.02 billion shares traded, highlighting robust retail and institutional participation even in a turbulent session.
Analysts expect the market to remain range-bound as investors adopt a cautious stance ahead of the week’s final session. The KSE-100 is projected to consolidate within the 165,000–170,000 band as traders await fresh catalysts to guide direction.
The conflict in the Middle East has rattled financial markets and global energy prices have soared.
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Petrol, Diesel Price On March 4: Check City-Wise Rates Across India Including In Delhi, Mumbai and Chennai.
Petrol, Diesel Prices On March 4.
Petrol and Diesel Prices on March 4, 2026: OMCs update petrol and diesel prices daily at 6 AM, aligning them with fluctuations in global crude oil prices and currency exchange rates. This daily revision promotes transparency and ensures consumers have access to the most up-to-date and accurate fuel prices.
Petrol Diesel Price Today In India
Check city-wise petrol and diesel prices on March 4:
| City | Petrol (₹/L) | Diesel (₹/L) |
|---|---|---|
| New Delhi | 94.72 | 87.62 |
| Mumbai | 104.21 | 92.15 |
| Kolkata | 103.94 | 90.76 |
| Chennai | 100.75 | 92.34 |
| Ahmedabad | 94.49 | 90.17 |
| Bengaluru | 102.92 | 89.02 |
| Hyderabad | 107.46 | 95.70 |
| Jaipur | 104.72 | 90.21 |
| Lucknow | 94.69 | 87.80 |
| Pune | 104.04 | 90.57 |
| Chandigarh | 94.30 | 82.45 |
| Indore | 106.48 | 91.88 |
| Patna | 105.58 | 93.80 |
| Surat | 95.00 | 89.00 |
| Nashik | 95.50 | 89.50 |
Key Factors Behind Petrol and Diesel Rates
Petrol and diesel prices in India have remained unchanged since May 2022, following tax reductions by the central and several state governments.
Oil Marketing Companies (OMCs) update fuel prices daily at 6 am, adjusting for fluctuations in global crude oil markets. While these rates are technically market-linked, they are also influenced by regulatory measures such as excise duties, base pricing frameworks, and informal price caps.
Key Factors Influencing Fuel Prices in India
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Crude Oil Prices: Global crude oil prices are a primary driver of fuel prices, as crude is the main input in petrol and diesel production.
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Exchange Rate: Since India relies heavily on crude oil imports, the value of the Indian rupee against the US dollar significantly affects fuel costs. A weaker rupee typically translates to higher prices.
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Taxes: Central and state-level taxes constitute a major portion of retail fuel prices. Tax rates vary across states, leading to regional price differences.
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Refining Costs: The cost of processing crude oil into usable fuel impacts retail prices. These costs can fluctuate depending on crude quality and refinery efficiency.
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Demand-Supply Dynamics: Market demand also influences fuel pricing. Higher demand can push prices up as supply adjusts to consumption trends.
How to Check Petrol and Diesel Prices via SMS
You can easily check the latest petrol and diesel prices in your city through SMS. For Indian Oil customers, text the city code followed by “RSP” to 9224992249. BPCL customers can send “RSP” to 9223112222, and HPCL customers can text “HP Price” to 9222201122 to receive the current fuel prices.
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March 04, 2026, 07:33 IST
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Gold slumped more than 5%, ending a four-day rally on Tuesday. The metal was weighed down by a stronger dollar and fading prospects of an interest rate cut as inflation concerns intensified against the backdrop of a potentially prolonged conflict in West Asia. Spot gold was down 5.6% at $5,029.59 an ounce whereas prices had hit an over four-week high in the previous session. US gold futures lost 5.1% to $5,041.50.The US dollar, a competing safe-haven asset, rose to an over one-month peak, making dollar-priced bullion less affordable for holders of other currencies. US Treasury yields rose for a second consecutive session.Indian bullion traders and associations are speculating that gold could attain Rs 2 lakh per 10 gm and silver may well scale Rs 3.5 lakh per kg if the conflict does not abate swiftly.Spot silver fell 11.2% to $79.42 an ounce after climbing to a more than four-week high on Monday. As the Iran conflict entered its fourth day, crude oil benchmarks jumped over 8% in response.
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