Buying momentum persisted at the Pakistan Stock Exchange (PSX) on Tuesday, with the benchmark KSE-100 index climbing by 1,278 points to close at 118,575, marking a 1.08 percent increase over the previous session. The advance follows Monday’s historic single-day gain of over 10,000 points.
The ongoing rally has been fueled by two major developments: the US-brokered ceasefire between Pakistan and India, and the International Monetary Fund’s (IMF) approval of two financial packages totaling approximately $2.4 billion for Pakistan. Under the IMF Executive Board’s decision on Friday, Pakistan will receive an immediate disbursement of about $1 billion under the Extended Fund Facility (EFF), along with an additional $1.4 billion arrangement through the Resilience and Sustainability Facility (RSF).
On Monday, US President Donald Trump reiterated America’s readiness to assist both India and Pakistan following the ceasefire, attributing the de-escalation in part to trade considerations.
Trading activity remained robust, with 684.3 million shares changing hands compared to 730.8 million shares the previous day. The total value of shares traded surged to Rs. 52.58 billion, up from Rs. 30.32 billion.
A total of 461 companies were active in the market, with 220 recording gains, 194 posting losses, and 47 remaining unchanged, reflecting continued investor optimism in the wake of recent diplomatic and financial developments.