Just days after historic market crashes, the Pakistan Stock Exchange (PSX) saw a dramatic rebound on Monday, soaring by nearly 10,000 points within the first two minutes of trading—an apparent investor reaction to Pakistan’s recent military success over Indian forces.
At 9:32 AM, the benchmark KSE-100 index spiked 9,929 points (9.2%), reaching 117,104. By 9:35 AM, it stood at 116,650—an 8.84% gain. The surge triggered a rare upside market halt, the first in two years, forcing the PSX website offline due to overwhelming traffic.
READ MORE: IAF Hints at Combat Losses Amid Pakistan Air Clash, Stays Silent on Rafale Jets
So far, 47.8 million shares worth Rs. 3 billion have been traded. Of 300 companies, 294 posted gains, 5 saw losses, and 1 remained unchanged.
Top Volumes
| SCRIP | PRICE | HIGH | LOW | CHANGE | VOLUME |
|---|---|---|---|---|---|
| CNERGY | 7.29 | 7.29 | 7.29 | 0.87 | 3,094,969 |
| PIBTL | 8.62 | 8.62 | 8.62 | 1.0 | 2,792,062 |
| BOP | 10.12 | 10.12 | 10.12 | 1.0 | 2,515,576 |
| SSGC | 30.46 | 30.46 | 30.46 | 2.77 | 2,071,010 |
| KEL | 4.51 | 4.51 | 4.51 | 0.5 | 2,016,923 |
| POWER | 15.26 | 15.26 | 15.26 | 1.39 | 1,834,570 |
| BAFL | 77.17 | 77.17 | 77.17 | 7.02 | 1,693,085 |
