24/09/2026
Weekly Market Update: 24th September 2026
The capital bourse extended its positive trajectory for the second consecutive week, largely driven by broad-based bargain hunting sentiment in perceived attractive scrips, although the sustainability of the uptrend remained contingent on the resolution of prevailing economic concerns and the restoration of broader investor confidence. The market started the week with positive sentiment riding on accumulation of the beaten-down scrips, supported by improved investor sentiment following government assurances over resolution to industrial gas supply constraints, along with renewed regulatory engagement with market intermediaries. However, the recovery momentum faced significant headwinds as concerns surrounding the recent domestic fuel price hike and its potential impact on inflationary pressure and corporate earnings triggered renewed cautiousness among investors. Nevertheless, the market attempted to regain its upward momentum mid-week as investors returned to selective buying opportunities in fundamentally sound and trendy scrips, enabling market indices to recoup its recent losses. However, the final session’s sell-off reflected a cautious trading approach among market participants as prevailing domestic challenges and geopolitical uncertainties continued to weigh on overall investor sentiment.
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