Islamabad, Mar 26, 2025: The Pakistan Stock Exchange (PSX) witnessed a strong rally on Wednesday, surging by 5.38% or 1,587 points in early trading.
This bullish momentum came as Pakistan secured a much-needed financial lifeline from the International Monetary Fund (IMF) ahead of the Eid holidays.
The PSX benchmark index soared to 118,220 points within the first 15 minutes of trading at 9:15 AM.
As of the latest update, the KSE-100 index stood at 117,669 points, reflecting a gain of 1,036 points or 0.89%.
Investors reacted positively to Pakistan’s successful staff-level agreement with the IMF regarding the first review of its Extended Fund Facility (EFF).
Under this agreement, Pakistan will receive an additional $1 billion (SDR 760 million), bringing total disbursements under the program to $2 billion.
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Furthermore, the country secured a new 28-month arrangement under the Resilience and Sustainability Facility (RSF), unlocking $1.3 billion (SDR 1 billion) to support climate resilience and sustainability initiatives.
Among the major contributors to the index’s gain were Oil & Gas Development Company (OGDC), WorldCall Telecom (WTL), Pak Elektron Limited (PAEL), Pakistan State Oil (PSO), and Pakistan Petroleum Limited (PPL).
Market activity remained strong, with a total of 38.6 million shares exchanged, while the total value of traded shares stood at Rs. 3.86 billion.
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The stock market’s sharp rise reflects renewed investor confidence following the IMF’s financial backing, which is expected to stabilize Pakistan’s economy and enhance liquidity in the financial sector.
