Overview
- The KSE-100 touched 167,561.69 on Wednesday before paring gains to close up 210 points at 165,686.38 as traders booked profits after an early surge.
- Tuesday delivered the second-highest single-day gain on record, with the index jumping 7,032.60 points (4.44%) to 165,476.02 after Monday’s rout.
- The IMF announced a staff-level agreement covering Pakistan’s EFF and RSF reviews, offering access to roughly $1.0 billion under the EFF and $200 million under the RSF, subject to Executive Board approval.
- Markets and brokers linked the rebound to easing security tensions, the winding down of TLP protests, and Finance Minister Muhammad Aurangzeb’s meetings with IMF, World Bank and US officials in Washington.
- Monday’s sell-off saw the KSE-100 drop about 4,655 points to 158,443 on reports of deadly Pakistan–Afghanistan border clashes (ISPR: 23 Pakistani soldiers, over 200 militants killed) and nationwide unrest, underscoring persistent volatility.