The Pakistan Stock Exchange (PSX) experienced a remarkable recovery on Monday, with the KSE-100 index rising by 9,929 points, reaching 117,104, following the announcement of a ceasefire between Pakistan and India.
Investor confidence surged after diplomatic efforts ended days of heightened military tensions between the two nations. The rapid market spike prompted a mandatory one-hour trading halt to manage the volatility, marking one of PSX’s most significant rebounds in recent history.
Read more: PSX Rebounds from Record Decline; KSE-100 Index Climbs Over 2,200 Points
This recovery follows a week of heavy losses, with the market dropping over 7,000 points due to escalating conflict and regional instability. The rebound signals a strong return of optimism among investors, fueled by the expectation of political and economic stability.
Analysts suggest the ceasefire has revived hope for both local and international investors, particularly in sectors like banking, energy, and construction.
The rally reflects confidence that peace will hold, and economic activities will resume. Trading is set to continue under normal conditions, with high participation and volume expected throughout the week, as investors monitor the ceasefire’s implementation and upcoming economic developments. This rebound is viewed as a sign of returning stability to Pakistan’s financial markets after a period of uncertainty.
