Historic Surge: PSX's Record-breaking Rally Amid Eased Tensions
- On Monday, the Pakistan Stock Exchange recorded its largest one-day increase in 26 years, with the KSE-100 index jumping by more than 9,900 points to close at 117,104.11 in Karachi.
- This surge followed easing geopolitical tensions between Pakistan and India, marked by a ceasefire agreement and an approved IMF loan tranche that boosted investor confidence.
- Trading was briefly suspended as a circuit breaker due to extreme fluctuations amid strong buying activity driven by improved geopolitical and economic outlooks.
- The KSE-100 index experienced a historic intraday increase of 9.26%, closing at 117,297.73 points—surpassing by more than twice the magnitude of its previous largest single-day gain from November 2024.
- Although Monday saw a strong rally, the PSX ended the previous week largely with losses due to escalating Pakistan-India tensions and bearish market conditions, indicating that investors may remain cautious moving forward.
17 Articles
17 Articles
Historic Surge: PSX's Record-breaking Rally Amid Eased Tensions
Historic Surge: PSX's Record-breaking Rally Amid Eased Tensions In a remarkable turn of events, the Pakistan Stock Exchange (PSX) saw its sharpest single-day gain in 26 years on Monday, recording an over nine percent increase in trading. This unprecedented surge was driven by easing geopolitical tensions between India and Pakistan, paired with an anticipated loan tranche from the International Monetary Fund (IMF).Geopolitical stability appeared …
PSX soars nearly 10,000 points on Pakistan-India ceasefire, IMF disbursement
The Pakistan Stock Exchange (PSX) witnessed a sharp rally on Monday as geopolitical tensions between Pakistan and India showed signs of easing. The benchmark KSE-100 index surged by 9,928 points during intra-day trading, reaching 117,104.11 points — marking the largest single-day increase in index points on record. The index was up more than 9% from the previous close of 107,174.63 points, prompting a temporary suspension of trading in accordanc…
PSX continues bullish trend, gains over 1250 points
Pakistan Stock Exchange witnessed a strong bullish trend for the second consecutive day on Tuesday as the benchmark KSE-100 Index gained 1278.15 points with a 1.09% positive change and closed at 118,575.88 points against 117,297.73 points in the previous session. The stock market witnessed a strong rally soon starting the trading and within minute crossed the 120,000 points mark, however later the selling pressure emerged and KSE-100 Index fell …
KSE-100 Surges Past 120,000as Ceasefire, IMF Funding, and Tax Relief Fuel Market Rally - Economy.pk
The Pakistan Stock Exchange (PSX) extended its historic rally on Tuesday, with the benchmark KSE-100 Index climbing back above the 120,000 mark. The surge was fueled by three major developments: the ceasefire agreement with India, renewed International Monetary Fund (IMF) support, and expectations of tax relief in the upcoming federal budget. Building on Monday’s record-breaking gains, the KSE-100 Index surged to an intraday high of 120,067.12 p…
PSX Soars 9% in Record-Breaking Rally as Ceasefire, IMF Funds, and US Trade Hopes Restore Investor Confidence - Republic Policy
The Pakistan Stock Exchange (PSX) had its best day in over two decades on Monday, jumping more than 9% in a single session — the biggest one-day gain in 26 years. The surge came as investor sentiment rebounded sharply due to easing tensions with India, a green light from the IMF on key financial packages, and signs of improving trade ties with the United States. The KSE-100 Index skyrocketed by 10,123 points, or 9.45%, to close at 117,297.73, br…
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