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Following last week’s historic military success against Indian armed forces, the Pakistan Stock Exchange (PSX) witnessed a remarkable rebound on Monday. The benchmark KSE-100 index soared by nearly 10,000 points within the first two minutes of trading.

At 9:32 AM, the KSE-100 index surged 9,929 points, or 9.2 percent, reaching a high of 117,104. By 9:35 AM, it remained strong, up 8.84 percent or 9,475 points at 116,650.

The sudden surge in investor activity caused the PSX website to crash, displaying an under-maintenance message. This market halt, triggered by the rapid upswing, is the first of its kind in two years and is expected to last for one hour.

So far, 47.8 million shares have been traded, with a total value of Rs. 3 billion. Out of 300 companies active in the market, 294 recorded gains, 5 faced losses, and 1 remained unchanged.

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