Overview
- The KSE-100 fell 907 points, or 0.55%, on Wednesday to 165,266.75 after swinging between 166,947 and 165,110.
- Tuesday’s 1,579-point drop followed Monday’s 1,238-point slide, marking a sharp pullback from last week’s record above 169,000.
- Reports that the IMF sought clarification on an $11 billion discrepancy between PSW and PRAL trade data kept confidence on edge.
- The SBP governor said inflation is steady but further rate cuts hinge on flood impacts and the outcome of the ongoing IMF review, with talks reportedly discussing FY26 growth at 3.5% versus the 4.2% target.
- Fresh macro strains added to caution as FBR collections missed targets and the September trade deficit widened nearly 46% year-on-year, while selling hit banks, energy, cement and fertiliser on heavy volumes.