KARACHI: Building on the morning rally, the Pakistan Stock Exchange (PSX) extended its gains sharply by midday Wednesday, with the benchmark KSE-100 index soaring 7,461 points, or 4.78 per cent, to 156,204.89 at 12:07pm. The All-Share Index climbed 4,094 points (4.39pc) to 93,169.76, while the KSE-30 advanced 2,390 points (5.04pc). The KMI-30 and BKTI also posted strong gains, rising 5.19pc and 5.60pc respectively.
At the same time, reports of unannounced talks between Pakistan and Afghan Taliban representatives in China have added to hopes of regional stability.
Domestically, the IMF’s staff-level agreement with Pakistan has reassured investors about the country’s economic trajectory, strengthening confidence in fiscal and monetary stability.
The advance–decline ratio underscores broad-based buying, with autos, cement, and industrials leading the charge. Institutional investors appear to be re-entering the market aggressively, driving volumes to one of the highest levels in recent weeks.
Analysts on the trading floor described the rally as a “relief surge,” noting that while risks remain, the combination of geopolitical optimism and economic assurances has triggered a short-term bullish phase. “This is the kind of sentiment shift that can sustain momentum if backed by policy clarity,” one broker observed.
