The Pakistan Stock Exchange (PSX) on Wednesday continued its losing streak with the benchmark KSE-100 Index losing nearly 1,500 points.
At close, the benchmark index settled at 167,451.13, a decline of 1,465.09 points or 0.87%.
Selling pressure persisted across major sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration companies, oil marketing companies (OMCs), power generation, and refineries.
On Tuesday, the Pakistan Stock Exchange (PSX) experienced another volatile and subdued trading session as renewed selling dragged equities lower. Investor sentiment remained fragile amid rising geopolitical tensions in the Middle East and uncertainty surrounding the future of US-Iran negotiations, leading the benchmark index to close in negative territory.
The benchmark KSE-100 Index settled at 168,916.22 points, down 1,590.09 points, or 0.93%.
Meanwhile, the State Bank of Pakistan (SBP) announced on Wednesday that it had received approximately $1.3 billion from the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF).
According to the SBP, the inflow will be reflected in the central bank’s foreign exchange reserves for the week ending May 15, 2026.
Moreover, Pakistan’s economy recorded a 3.99% year-on-year growth in the third quarter of fiscal year 2025-26, driven primarily by strong industrial sector performance, according to figures released by the National Accounts Committee (NAC) on Wednesday.
