PSX Soars With Record Gains Amid Indo-Pak Peace Pact

The Pakistan Stock Exchange experienced a record nine percent increase as India and Pakistan agreed to halt military actions. This understanding has boosted investor confidence, recovering from a prior dip due to geopolitical tensions. Influences include geopolitical developments, interest rate cuts, and positive US trade indications.

The Pakistan Stock Exchange (PSX) witnessed an unprecedented rise, soaring nine percent following a cessation of hostilities between India and Pakistan. This surge in the KSE-100 index emerged during intraday trading.

The index opened with an extraordinary gain of 9,929.48 points, reaching 117,104.11 points from the previous close of 107,174.63. This development buoyed investor sentiment, reflecting in significant trading gains.

Investor confidence was further bolstered by India's and Pakistan's agreement to cease military actions, alongside recent interest rate cuts and new trade prospects indicated by US President Trump, which together created a buoyant trading environment.

(With inputs from agencies.)