KSE 100 Index

KSE 100 Index increased by 4%

ByNewserman

Staff Report

KSE 100 Index increased by 4% on MoM basis, this gain can be attributed to staff level agreement with IMF, circular debt resolution plan where news flow suggest that significant progress has been made and noise that government is working on plan to reduce the electricity prices

Major developments during the month were: CPI for the month of February coming in at 1.5% lowest reading in 113 months, in monetary policy meeting during the month SBP kept the policy rate unchanged at 12%.IMF Triggers Pullback Pakistan Market

Remittances number for the month of February 2025 clocked  in at US$3.1bn (up 39% YoY and 4% MoM), Pakistan Car sales (as reported by PAMA) for February 2025 coming in 12,084 units (up 24% YoY while down 29% MoM) and Pakistan Current Account Deficit for February 2025 coming in at US$12mn taking 8MFY25 Surplus to US$691mn. Average daily traded volume and value for the day stood at 366mn shares and PKR.24bn respectively

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