The Pakistan Stock Exchange (PSX) witnessed a volatile trading session on Wednesday with KSE-100 index closing slightly higher by 210.36 points, or 0.13% at 165,686.38. The index traded within a wide range, hitting an intra-day high of 167,561.69 and a low of 165,357.21.

Trading started with a strong sentiment on Wednesday morning after news broke out on Pakistan's staff level agreement with the International Monetary Fund (IMF) for Extended Fund Facility (EFF) and the first review under the Resilience and Sustainability Facility (RSF).

The enthusiasm was short-lived, however, as investors engaged in cautious buying followed by profit-taking in the latter half of the day, signalling a wait-and-see approach as they monitor the implementation of reforms and upcoming disbursements.

Arif Ha

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