KARACHI: The Pakistan Stock Exchange (PSX) witnessed its first positive month of the calendar year 2025 after two bearish months thanks to a Staff-Level Agreement (SLA) reached with the International Monetary Fund (IMF), boosting investors confidence as the deal will unlock substantial dollar inflows the country direly needs to meet its external debt obligations and sustain reforms to stabilise the economy.

Despite a spectacular rally on Wednesday after the signing of SLA late Tuesday night, which aided the benchmark index surging by over 1,100 points, the short week closed in the red, snapping a six-week winning streak.

However, the KSE 100 index rose 4 per cent month-on-month thanks to the IMF deal, progress on the circular debt resolution plan, and the government plans to reduce electricity prices.

However, the sentiments turned cautious after the IMF announced that it had allowed a Re1........

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