Karachi, March 26, 2025 – The Pakistan Stock Exchange (PSX) witnessed a significant surge on Wednesday, as the benchmark KSE-100 index soared by 1,139 points in a single trading session.
This impressive rally came in response to the staff-level agreement (SLA) reached between Pakistan and the International Monetary Fund (IMF), which bolstered investor sentiment across the market.
The KSE-100 index of PSX closed at 117,772 points, up from the previous day’s closing level of 116,633 points, reflecting a gain of 0.98%. The rally was driven by renewed optimism among investors, who anticipate economic stability following the latest IMF agreement.
According to analysts at Topline Securities Limited, the local bourse exhibited strong performance throughout the day, with the index reaching an intraday high of 1,588 points before settling at 117,772 points. The surge was fueled by increased buying activity, particularly in heavyweight stocks, as traders responded positively to the development.
Key contributors to the PSX rally included United Bank Limited (UBL), Oil & Gas Development Company (OGDC), Pakistan Petroleum Limited (PPL), Meezan Bank Limited (MEBL), and Mari Petroleum Company Limited (MARI). These five stocks collectively added 883 points to the index, reinforcing bullish momentum in the market.
Trading activity remained robust, with a total of 355 million shares changing hands, translating to a turnover of Rs 37 billion. Among the most actively traded stocks, Pak Elektron Limited (PAEL) led the volume chart, recording a trade of 29 million shares.
Market analysts noted that the IMF staff-level agreement has provided much-needed clarity and stability to investors, who had been cautious amid economic uncertainty. With the agreement in place, expectations of foreign inflows and improved macroeconomic indicators have strengthened confidence in the PSX.
As the PSX continues to respond positively to economic developments, market participants will closely monitor further progress in Pakistan’s engagement with the IMF, alongside key policy measures that could shape future trends in the stock market.