Overview

• The KSE-100 closed down 1,237.67 points, or 0.73%, at 167,752.40 after a volatile session.
• After a record run, traders locked in gains, with the index swinging roughly 1,744 points between 169,326 and 167,246 intraday.
• FBR data showed Q1 FY26 collections at Rs2.88 trillion against a Rs3.083 trillion target, while PBS reported a September trade deficit of $3.34 billion.
• Reports indicated the IMF sought clarification on an $11 billion discrepancy between PSW and PRAL trade figures, as one brokerage cited SBP dollar-flow data as reassuring.
• Market breadth weakened with 108 advancers versus 348 decliners on 1.27 billion shares traded, even as several analysts characterized the drop as a temporary pause likely to ease with the next IMF disbursement.