KSE-100 Index closed at 164,590.41 points, down 1,962.86 points, or -1.18%.
\n Karachi
\nThe equity market extended its pullback on Thursday as investors opted to book profits following a prolonged rally, with participants taking a cautious stance amid mixed corporate earnings and limited fresh triggers.
\nThe Pakistan Stock Exchange\u2019s (PSX) benchmark KSE-100 Index closed at 164,590.41, down 1,962.86 points, or -1.18%, from the previous close of 166,553.27.
\nDuring the session, the index climbed to an intraday high of 166,720.42 points, up 167.15 points, or 0.1%, before dropping to a low of 164,395.38 points, reflecting a decline of 2,157.89 points, or -1.3%.
\n\u201cMarket lacks new triggers as the majority of good news is priced in already. Some results are also below expectations or a reality check in the emotionally driven rally.\u201d said AAH Soomro, an independent investment and economic analyst.
\nFinance Minister Muhammad Aurangzeb said on Wednesday that while some multinational companies have exited Pakistan, new investors are entering the market. He acknowledged challenges in dividend repatriation but noted that Pakistan had cleared $4 billion in backlogged payments over the last two years, adding that \u201ceconomic stability has returned.\u201d
\nInvestor sentiment was also influenced by the International Monetary Fund\u2019s (IMF) latest Regional Economic Outlook, which revised Pakistan\u2019s growth forecast upward to 3.6% for FY26. However, the Fund warned that recent flooding in Q3 2025 could weigh on growth, inflation, and the current account beyond expectations.
\nThe IMF highlighted that inflation had decelerated this year due to lower food and energy prices, but was expected to rise again in 2026 with the phase-out of electricity subsidies. Pakistan\u2019s GDP had expanded 3.04% in FY25, while the lender projected growth to accelerate modestly to 3.6% in FY26 amid steady reforms and improved financial conditions.
\nOn Wednesday, the KSE-100 Index declined by 793.56 points, or 0.47%, to close at 166,553.28 points from 167,346.83 points recorded in the previous session. The highest index of the day remained at 168,163.22 points, while the lowest level was 166,230.90 points.<\/p>\n","protected":false},"excerpt":{"rendered":"
KSE-100 Index closed at 164,590.41 points, down 1,962.86 points, or -1.18%. Karachi The equity market extended its pullback on Thursday as investors opted to book profits following a prolonged rally, with participants taking a cautious stance amid mixed corporate earnings and limited fresh triggers. The Pakistan Stock Exchange\u2019s (PSX) benchmark KSE-100 Index closed at 164,590.41, […]<\/p>\n","protected":false},"author":2,"featured_media":510212,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-510498","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"\n