Overview
- Early Friday trade showed a cautious rebound, with the KSE-100 up 368.74 points to 168,943.43, a 0.22% gain.
- Thursday’s session reversed sharply after an intraday peak of 170,301, closing down 877.17 points at 168,574.69.
- The IMF staff report added 11 conditions to Pakistan’s $7 billion programme, taking the total to 64 with measures such as publishing senior civil servants’ asset declarations and a corruption risk action plan.
- New IMF requirements also include a remittance cost assessment with an action plan by May 2026 and a study of local bond market bottlenecks by September 2026.
- Trading remained heavy with roughly 1.19–1.29 billion shares changing hands and official data showing foreign net selling, including Rs701.5 million on Wednesday and Rs3.9 billion on Thursday, as the Rs659.6 billion PHL debt settlement—the largest on record—underpinned sentiment.