By Hamid Mahmood ISLAMABAD, Nov 04 (INP-WealthPK): The Pakistan Stock Exchange (PSX) has had a mixed week, beginning with a bearish tone and ending with a bullish tone. With the rupee strengthening, oil prices falling, and the Saudi package, the economy has enjoyed some stability. The stock market finished the week on a high note. As a result of some excellent news, the market's mood changed. Despite this, the market remains unpredictable. Trading began on Monday at 45418.2 and ended on Friday at 46218.92, an increase of 800 points week over week. Monday's trade was disappointing, as increased international oil prices, along with market fears about inflationary pressure, held the benchmark in check. On Monday, stocks came to a halt as a global energy market flare-up fueled worries of inflationary wildfire in the nation, leading to a lack of commitment. The Pakistan Stock Exchange's main indicator, the KSE-100 Shares Index, fell 160.16 points, or 0.35 percent, to settle at 45,418.20 points (PSX). Stocks ended the day down as investors awaited the result of Pakistan-IMF negotiations about the delivery of a tranche under the extended lending arrangement. Stocks fell to a new low on Tuesday, as the IMF's gridlock drove investors out of the market amid growing economic fears. The PSX benchmark KSE-100 Share Index fell 163.20 points, or 0.36 percent, to 45,255.97 points, with the day's high and low being 45,516.77 and 45,213.62 points, respectively. There was no development on the IMF programme front, and there was no update on the Saudi oil deferred payment facility, so sentiment remained low in the absence of any positive trigger. The benchmark index cycled in 270 points during trading hours, according to the brokerage, indicating another lacklustre day with range-bound activity. Traders said stocks broke their losing skid on Wednesday as a result of Saudi Arabia's decision to offer $4.2 billion in aid to help the country's ailing economy. The benchmark KSE-100 Share Index of the Pakistan Stock Exchange (PSX) rose 564.12 points, or 1.25 percent, to end at 45,791.92 points, after reaching highs and lows of 46,024.76 and 45,227.80 points. Stocks rose sharply on news that Saudi Arabia had approved $3 billion in funding and a $1.2 billion delayed oil payment facility for budgetary support, as well as a Pak-IMF agreement to utilize the $2.78 billion Covid support fund ahead of the reopening of EFF (Extended Fund Facility)." Stocks rose for a second day on Thursday, boosted by the rebound of the rupee and assurances from the finance minister on reinstatement of the International Monetary Financing's (IMF) $6 billion extended fund facility. The benchmark KSE-100 Share Index of the Pakistan Stock Exchange (PSX) increased 193.49 points, or 0.42 percent, to 45,985.41 points, with highs and lows of 46,047.39 and 45,766.15 points respectively. Stocks ended the day higher as the rupee made a solid rebound on Saudi inflows and the country's top finance official voiced optimism about the IMF program's rebirth. Mid-session pressure, however, lingered on fears about trade snafus, political protests, and a power tariff rise, according to the minister. The Pakistan Stock Exchange (PSX) has remained turbulent, with market participants thrilled by the continued good sentiments around the Saudi package and a significant comeback in the rupee parity, as well as dropping world crude oil prices. The benchmark KSE-100 Share Index of the Pakistan Stock Exchange (PSX) rose 253.90 points, or 0.55 percent, to 46199.98 points on Friday, breaking beyond the psychological barrier. The high and low marks for the day were 46,292.03 and 45,681.59, respectively. The given table shows the weekly summary of major index trading in PSX with their percentage change over the week. Graphically, PSX Indices show the weekly trend.  

Index	Week End	Week Start	Change	% Δ
KSE 100 Index	46218.92	45418.2	800.72	1.73
All Shares Index	31637.04	31,106.32	530.72	1.68
KSE 30 Index	17941.3	17779.19	162.11	0.9

Source: PSX This week, foreign investors are profiting less than the previous week. They made $2.69 million, compared to $7.34 million in the same period the previous week. The rupee's recent appreciation is the cause for minimal selling. Insurance companies are bidding on properties worth up to $1.32 million. Other groups also bought $1.70 million worth of stock, making it the week's biggest buy. When Pakistanis in other countries are looking for a quick buck, they sell $0.24 million. Banks made a profit of $0.37 million by selling their shares. The foreign business also sold its stock and made a $2.45 million profit. Mutual funds went out and bought $0.17 million worth of stock. According to stock analysts, the stock market is expected to remain optimistic in the next week. The rupee would likely appreciate and oil prices will fall in the coming week as a result of the Saudi package. Investor sentiment is predicted to remain high. Furthermore, given the current earnings season, several industries and equities are expected to maintain their prominence. Due to fears over inflation in Pakistan, investors are expected to remain cautious. With a short-term view, investors should cherry-pick profit-taking corporations like cement, auto, and oil refinery industries.