Overview
- The KSE-100 added 1,104 points on Oct 21 to close around 167,347 after touching an intraday high near 168,414, sustaining Monday’s rebound.
- Monday’s surge saw the index jump 2,436 points to 166,242 following confirmation of an IMF staff-level agreement and a Doha-brokered ceasefire between Pakistan and Afghanistan.
- Gains were led by major banks, with broad buying extending to energy and other blue chips as institutional interest picked up.
- A surprise $110 million current account surplus in September supported risk appetite, even as the first quarter FY26 current account showed a $594 million deficit.
- The IMF agreement included macro projections pointing to FY26 GDP growth of 3.6% and inflation at 6%, while traders also weigh upcoming earnings and potential Saudi investment.