The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index recorded its biggest-ever single-day gain on Monday, soaring by 10,123 points to close at 117,297—an 8.63% increase—following the ceasefire between Pakistan and India.
The rally came in response to US President Donald Trump’s announcement of a ceasefire between the two nuclear neighbors after days of military escalation. Investor confidence was further boosted by the International Monetary Fund’s (IMF) approval on Friday of a $1 billion disbursement to Pakistan under the Extended Fund Facility (EFF), along with an additional $1.4 billion under the Resilience and Sustainability Facility (RSF).
READ MORE: Pakistani Rupee Rebounds After 6-Day Slide, Closes at 281.56 Against US Dollar
Trading activity surged as 730.78 million shares changed hands, up from 516.29 million on the previous trading day. The value of traded shares rose to Rs. 30.32 billion compared to Rs. 28.84 billion earlier.
Out of 461 companies that traded, 404 recorded gains, 26 declined, and 31 remained unchanged.
