PSX surges as tensions with India ease
8 Articles
8 Articles
PSX surges as tensions with India ease
In an electrifying turn of events, the Pakistan Stock Exchange (PSX) on Monday staged its highest single-day rally, driven by a host of positive developments, most significant of which included the surprise ceasefire with India and President Trump's offer to mediate in the Kashmir dispute. Additionally, Trump's encouragement towards increased trade and the IMF's approval of $2.4 billion in disbursements, with $1 billion coming from its Extended …
Pakistan's stock exchange halts trading for an hour. Here's why
According to a notification from the Pakistan Stock Exchange (PSX), all equity and equity-based markets were temporarily suspended after the KSE-30 index rose more than 5% from the previous session's close — the threshold for a market halt under PSX rules.
PSX Celebration Marks Record-Breaking Rally After Ceasefire
The Pakistan Stock Exchange (PSX) marked a historic moment in Karachi as it celebrated a massive 9,000-point gain in the KSE-100 Index with a cake-cutting ceremony. The surge followed a ceasefire agreement between Pakistan and India, which restored PSX investor confidence and triggered one of the strongest single-day rallies in the market’s history. Market Euphoria Turns Festive The celebration at the PSX headquarters reflected the upbeat mood o…
PSX Gains Over 9% After Pak-India Ceasefire
The Pakistan Stock Exchange (PSX) surge on Monday marked a historic rebound, with the KSE-100 index soaring over nine per cent following a weekend ceasefire between Pakistan and India that restored calm to regional markets. Following days of escalating tensions and retaliatory strikes between the nuclear-armed neighbors, the ceasefire, brokered by US President Donald Trump on Saturday, brought immediate relief to investors. At 9:30am, the KSE-10…
Pakistan Markets Set to Rally on Ceasefire and IMF Boost
The Pakistan Stock Exchange – PSX and the rupee (PKR) are expected to rebound sharply following a surprise ceasefire agreement with India and the International Monetary Fund’s decision to disburse $2.4 billion to Pakistan. This includes a $1 billion installment and a $1.4 billion climate resilience program, significantly boosting investor confidence. The KSE-100 Index may see a strong rally—potentially rising up to 5%—as markets reopen, driven b…
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