KSE-100 closes 210.36 points higher when investors weigh the IMF agreement, earnings signals
Pakistan Stock Exchange (PSX) witnessed an unstable trade session Wednesday with the KSE-100 index, which closed slightly higher with 210.36 points, or 0.13% of 165,686.38. The index acted within a long range and hit an intra-day height of 167,561.69 and a low level of 165,357,21.
The trade started with a strong atmosphere on Wednesday morning after news broke out on Pakistan’s staff agreement with International Monetary Fund (IMF) for Extended Fund Facility (EFF) and the first review during Resilience and Sustainability Facility (RSF).
However, enthusiasm was short-lived as investors dealt with care to buy followed by profits during the latter half of the day, signaling a waiting-and-see approach when monitoring the implementation of reforms and upcoming payments.
ARIF HABIB LIMITED (AHL) observed that PSX underwent consolidation after the wave on Tuesday with KSE-100, moving each side of 166k.
About 52 shares rose, while 48 fell with Fauji fertilizer (+1.09%), Meezan Bank (+2.02%) and Mari Energies (+1.94%), which contributes most to index gains.
Pakistan has reached a preliminary agreement with the IMF to lock $ 1.2 billion loans under two separate programs.
Read: Pakistan, IMF reached staff level for $ 1.2 billion. Payout
Systems Limited (-2.59%), lucky cement (-1.84%) and wholesale fertilizer (-2.69%) was the largest index feature.
In Corporate News, United Bank announced its earnings for the nine months of the calendar year 2025 (9MCY25), which reported 101% year by year (yoy) increase in earnings per year. Share (EPS) on RS40.19 and dividends per Share (DPS) on RS21.5, which exceeded the market expectations.
Sazgar Engineering reported an EPS on RS73.07 for the financial year 2026 (1qfy26), reflecting a 5% Yoy growth and DPS on RS15.0, which was in line with the market’s expectations.
ETGRO FEED revealed its financial results for 9MCY25 with an EPS of RS10.69 showing a 21% YOY co -operation and DPS on RS11.0, which came under the market’s expectations.
AHL expected falls to Tuesday’s reach to find demand to move towards 168K.
Ktrade Securities wrote in his market wrapping that PSX opened on a bullish note, where the benchmark KSE100 index reached an intra-day height of 167,562 points (+2,086 points), powered by strong investor optimism after the IMF’s staff-level agreement (SLA) with the government in Pakistan under the expanded Fund Facility (Eff).
Read more: IMF calls for anti-graft action in government units
However, profits in the latter half of the session gains trimmed, and the index eventually decided on 165,686 points, up modestly with 210 points from the previous closure. The rally was led by the commercial banks, bent by United Bank’s stronger than expected 3qcy25 results, while power, OMCs and fertilizer sectors also contributed to Uptrend, the report states.
Remarkable winners included Fauji fertilizer, Meezan Bank, Mari Energies, Bank Al Falah and Pakistan Services. Market participation remained robust, with the total traded volume on the All-Shard Index, which reached 1.53 trillion.
Investor security improved significantly with the expectations of Renewed IMF support and associated $ 1.2 billion payment, strengthening optimism in terms of macroeconomic stability and external financing prospects, added Ktrade.
Over all the trading volume fell to 1.52 billion shares against Tuesday’s figures of 1.17 trillion. The value of trade was at RS68.6 billion. K-electric was the volume leader with trading in 383.2 million shares, rising RS0.52 to close on RS7.65.
