The Pakistan Stock Exchange (PSX) witnessed its highest-ever single-day surge on Monday, with the benchmark KSE-100 index soaring by 10,123 points to close at 117,297, marking an 8.63 percent increase from the previous session.
The dramatic rally came in the wake of a ceasefire announcement between Pakistan and India, brokered by US President Donald Trump on Saturday, ending days of intense military exchanges between the two nuclear-armed neighbors.
Investor confidence was further bolstered by the International Monetary Fund’s (IMF) recent approval of an immediate $1 billion disbursement to Pakistan under the ongoing Extended Fund Facility (EFF). The IMF also authorized an additional $1.4 billion arrangement through the Resilience and Sustainability Facility (RSF).
Trading activity surged, with 730.7 million shares changing hands compared to 516.3 million shares on the previous trading day. The total value of shares traded rose to Rs. 30.32 billion from Rs. 28.84 billion.
A total of 461 companies were active in the market, with 404 recording gains, 26 posting losses, and 31 remaining unchanged, reflecting broad-based investor optimism following the ceasefire and financial support announcements.