PSX surrenders early gains, closes 369 points higher
“The Pakistan Stock Exchange (PSX) remained positive on Wednesday but failed to hold on to its strong early momentum, as optimism over the government’s talks with the International Monetary Fund (IMF) …”
The benchmark KSE-100 Index subsequently posted a moderate gain of 368.92 points, or 0.22%, to settle at 169,969.33. The index touched an intraday high of 171,492.53 and a low of 169,872.14. In the morning, the market opened strongly, with the KSE-100 surging 947.20 points, or 0.56%, to 170,547.60 by 9:38am, shortly after trading kicked off.
The index climbed further before gradually sloping down as the session progressed. Investor sentiment remained linked to expectations of progress in talks between the government and the visiting IMF mission, with market participants closely watching developments on the ongoing programme review.
Additionally, sentiment was also supported by steps to strengthen the domestic financial and energy framework. On the macro front, the Ministry of Finance unveiled a Strategic Action Plan for the Local Currency Bond Market, aimed at improving secondary-market liquidity, broadening the investor base and strengthening the rupee-denominated securities framework.
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Read:PSX falls 825 points as US-Iran uncertainty, oil pressure weigh.
Meanwhile,, Pakistan is considering allowing power plants and other private companies to directly import LNG, as the government seeks to strengthen energy supplies without adding pressure on state finances. (AHL) analyst Ali Najib, PSX experienced a positive trading session with the benchmark KSE-100 Index gaining 369 points (+0.22% DoD) to settle at 169,969, just below the key psychological level of 170,000, thereby ending September 2026 below the milestone.
Going forward,, near-term sentiment is likely to remain volatile and range-bound, with 170,000 acting as a key psychological pivot. The IMF review, Middle East geopolitical developments and crude oil prices will remain the key catalysts for market direction, he added.
Habib Bank, Meezan Bank, Lucky Cement, Fatima Fertiliser, Fauji Fertiliser, Engro Holdings, Engro Fertiliser, United Bank, Systems and Mari Energies collectively added 467 points to index gains. Cumulatively, trading volume rose to 591. 2 million shares from 568 million a day ago while the value of traded shares stood at Rs20.19 billion.
In the ready market, shares of 495 companies were traded, of which 253 stocks closed higher, 195 fell and 47 remained unchanged. Pakistan International Bulk Terminal was the volume leader with trading in 73.5 million shares, gaining Rs0.11 to close at Rs14.68
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