Pakistan Stock Exchange sees strong weekly recovery amid falling oil prices and easing inflation

The Pakistan Stock Exchange's benchmark KSE-100 index recorded a significant 4.5% gain in the first week of November, signaling a recovery after a bearish October. This rally was primarily driven by a 15.9% weekly decline in Brent crude prices, which fell to $98.8 per barrel, and a moderation in inflation. The Consumer Price Index (CPI) in Pakistan slowed to 9.61% year-on-year in October, down from 10.26% in September.