The Pakistan Stock Exchange (PSX) surged dramatically on Tuesday, with the benchmark KSE-100 Index climbing 5.06% to 122,045.62 points by 11:26 AM—one of the most notable single-day rallies in recent months.
The index peaked at 122,046.03 points during intraday trading, with a low of 120,369.53 points. A total of 146.67 million shares changed hands, reflecting robust market participation and renewed investor confidence.
Also Read: Geopolitical Tensions Drag PSX Down Nearly 900 Points
The rally was fueled by easing geopolitical tensions, particularly the announcement of a ceasefire between Iran and Israel, which removed immediate regional risk from the equation. Additionally, optimism over potential economic stabilization and government reforms added to the positive momentum.
Analysts noted the market’s strong opening, as the KSE-100 jumped over 4,300 points within minutes of trading, regaining four critical resistance levels. The index has now posted a 56% gain over the past year and is up 6.01% year-to-date.
Further boosting sentiment, currency dealers highlighted a reported breakthrough in resolving the power sector’s circular debt crisis. The government is expected to secure a low-cost bank loan worth Rs 1,275 billion—seen as a major step toward financial stability.
