Overview

• IMF Mission Chief Iva Petrova reported substantial headway toward a staff-level agreement under the EFF and RSF reviews.
• The KSE-100 jumped intraday by 1,382.51 points to 166,647.25 after the IMF’s positive signal.
• The index later closed down 736 points at 164,531, extending losses on persistent selling by local institutions and insurers.
• The World Bank cut Pakistan’s FY2025–26 growth forecast to 2.6% citing flood damage and warning of inflation from food supply disruptions.
• Pakistan Bureau of Statistics estimated FY2025 GDP growth at 3.04%, offering a near-term baseline as markets await an IMF deal.