# KSE-100 closes up 830 points at 172,232 on refinery buying, rupee at 277.20 Source: Searchable (https://searchable.pk/news/markets/kse-100-closes-up-830-points-at-172232-rupee-27720) Type: News article Author: Searchable Editorial Published: 23 Sept 2026 Updated: 25 Sept 2026 Retrieved: 30 Sept 2026 > The index took its first close above 172,000 on volume of 773.59 million shares, with Pakistan Refinery up 9.79 percent. It is still 9.8 percent below its 52-week high. The KSE-100 closed Wednesday at **172,232.51**, up **830.43 points or 0.48 percent** on Tuesday's 171,402.08. That is a third straight advance and the first close above the 172,000 mark, though the index gave back most of a midday rally that had it 1,212 points higher at 12:38pm. Turnover was the real story. Volume came in at **773.59 million shares** against 641.83 million on Tuesday, and traded value rose to **Rs 26.45 billion** from Rs 18.47 billion. Of 496 scrips traded, 262 gained, 196 lost and 38 finished level. ## Refineries led it Pakistan Refinery Limited rose **9.79 percent**, the pick of a refinery sector that ran ahead of the rest of the board. Topline Securities put the bid down to easing international oil prices and the improving tone of the US and Iran talks, the same input that has pulled Brent down for six straight sessions to about $99. Cheaper crude widens refining margins and cuts the working capital a refiner has to carry. Index-heavy names did the rest: Fauji Fertiliser and UBL both contributed meaningfully to the point gain. The broader boards followed, with the BR100 up 136.7 points (0.73 percent) to 18,992 and the KSE-30 up 285.2 points (0.56 percent) to 51,284. Cnergyico PK was the volume leader on 150.27 million shares, ahead of WorldCall Telecom on 91.08 million and Tasdeeq Information on 58.64 million. ## The rupee barely moved The rupee closed at **277.20 to the dollar**, a gain of one paisa on the day. Other interbank rates: the pound at 369.94, the euro at 317.46, the Saudi riyal at 73.92 and the UAE dirham at 75.48. Our [currency converter](/tools/finance/currency-converter) runs off the same series if you are paying a foreign invoice or pricing a remittance. ## Keep today in proportion The index is still about **9.8 percent below its 52-week high** of 191,032.73, and it remains marginally negative for the calendar year to date even after three days of buying. A 0.48 percent close is a good day, not a turn. The cost of money underneath it has not moved. The 1-year KIBOR was fixed at 12.35 percent, one basis point above Tuesday, and the State Bank policy rate stands at 11.5 percent. With borrowing costs that flat, the equity move is coming from sentiment and earnings expectations rather than from any rate story. For a saver weighing the market against a contractual return, our [National Savings calculator](/tools/finance/national-savings-calculator) shows the monthly profit on a given deposit, and our [home loan calculator](/tools/finance/home-loan-calculator) prices what the same KIBOR does to a mortgage instalment. ## What to watch on Thursday Two things. Brent, because a seventh down session feeds straight back into the refinery trade and into the next OGRA fuel price review on 1 October. And the IMF's fourth review, which opened in Karachi this week with $1bn and a further $200m riding on it. Live levels sit on our [KSE-100 page](/data/kse-100) and [dollar rate page](/data/usd-pkr), both of which refresh through the day. ## Frequently asked questions **What did the KSE-100 close at today?** The KSE-100 closed at 172,232.51 on Wednesday 23 September 2026, up 830.43 points or 0.48 percent on Tuesday's close of 171,402.08. **What is the dollar rate in Pakistan today?** The interbank rate closed at about 277.20 rupees to the dollar on 23 September 2026, a gain of one paisa on the day. ## Sources - Data Portal, indices and closing levels 23 September 2026 (Pakistan Stock Exchange): https://dps.psx.com.pk/ - PSX: Buying continues, KSE-100 up over 1,000 points (Business Recorder): https://www.brecorder.com/news/40440815/psx-buying-continues-kse-100-up-over-1000-points - Searchable KSE-100 tracker (Searchable.pk): https://searchable.pk/data/kse-100 How to cite: "KSE-100 closes up 830 points at 172,232 on refinery buying, rupee at 277.20", Searchable, 25 Sept 2026, https://searchable.pk/news/markets/kse-100-closes-up-830-points-at-172232-rupee-27720