Overview
- On Wednesday, the KSE-100 closed at 166,145.35 after a 1,496.93-point drop, with selling across banks, fertiliser, energy, cement and autos.
- Tuesday’s session turned negative late, taking the index down 419.92 points to 167,642.28 as profit-taking followed news of a $2.9 billion November trade deficit.
- The week opened with a broad-based rally on Monday, lifting the index 1,384.50 points to 168,062.19 on strong volumes led by energy, power, cement and technology heavyweights.
- Investors await the IMF Executive Board’s Dec. 8 decision on a possible $1.2 billion tranche, with foreign investors reported as net sellers and domestic buyers keeping activity firm.
- Core inflation cooled to about 6.15% in November, and brokerages maintained a constructive medium-term outlook, including a Taurus forecast of roughly 206,000 by end-2026 contingent on policy continuity.