KARACHI (Dunya News) – The Pakistan Stock Exchange (PSX) extended gains to reach fresh high on Wednesday as recent economic developments, including loan tranche approval by the International Monetary Fund (IMF), boosted investor confidence.
During intraday trading, the KSE-100 index gained 752.66 points to hit 170,209.04 points milestone, reflecting a change of 0.44 percent compared to previous close of 169,456.38 points.
IMF has approved $1.2 billion for Pakistan after clearing two loan tranches under the country’s ongoing reform programme.
The decision follows a staff-level agreement reached in October and marks a significant step in supporting Pakistan’s economic stabilisation efforts. The approval includes nearly $1 billion through the Extended Fund Facility (EFF) and an additional $200 million under the Resilience and Sustainability Facility (RSF).
Meanwhile, workers’ remittances to Pakistan continued their positive growth trajectory, recording an inflow of $3.2 billion during November 2025.
This represents a 9.4 percent increase compared to the same month last year, underscoring the continued strong support from overseas Pakistanis.
Cumulatively, during the first five months of the fiscal year (July-November FY26), total remittances amounted to $16.1 billion, marking an increase of 9.3 percent compared to the $14.8 billion received during the same period last year.
The majority of the remittances in November 2025 came from key sources including Saudi Arabia, which contributed $753.0 million, followed by the United Arab Emirates S$675.0 million), the United Kingdom $481.1 million), and the United States of America $277.1 million).