Stocks recover after early decline, KSE-100 gains over 200 points

After initial selling pressure, positive sentiment returned to the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 200 points during the first half of the trading session on Friday. The market started on a negative note, shedding over 2,000 points to hit an intra-day low of 162,411.25. However, it recouped sharply and by 12pm, the benchmark KSE-100 was hovering at 164,754.42, up by 223.62 points or 0.14%. In a key development, the inflow of overseas workers’ remittances into Pakistan stood at $3.2 billion in September 2025, the State Bank of Pakistan (SBP) data showed on Thursday. Remittances increased by 11.3% year-on-year (YoY), compared to $2.9 billion recorded in the same month last year. On a monthly basis, remittances were up 1%, compared to $3.1 billion in August. Moreover, two pivotal memorandums of understanding (MoUs) were signed, marking significant progress in K-Electric’s ownership and future collaboration framework.