Karachi, Pakistan – Web Desk: The Pakistan Stock Exchange (PSX) witnessed a strong rebound on Tuesday as the benchmark KSE-100 Index surged by more than 9,300 points during intraday trading amid improving investor sentiment.
The index gained 9,303.75 points, climbing to 155,783.89 points, reflecting a 6.35 percent increase compared to the previous closing level of 146,480.14 points.
Market analysts attributed the sharp recovery to easing geopolitical concerns after Donald Trump indicated that the ongoing conflict in the Middle East could end soon. The optimistic outlook helped calm global markets and supported investor confidence in Pakistan’s equity market.
SBP Policy Rate Decision Boosts Sentiment
Investor confidence was also supported after the State Bank of Pakistan decided to keep the policy rate unchanged at 10.5 percent, signaling stability in the country’s monetary policy.
The decision reassured investors that borrowing costs would remain stable for businesses and industries in the near term.
Oil Prices Fall After Recent Spike
Global oil prices also declined on Tuesday after reaching a more than three-year high during the previous trading session.
Brent crude futures fell $4.17 (4.2%) to $94.79 per barrel, while West Texas Intermediate crude oil dropped $3.81 (4%) to $90.96 per barrel.
The decline followed Trump’s remarks suggesting the possibility of easing tensions, which reduced fears of prolonged disruption to global oil supplies.
Market Activity Increases
Trading activity also surged during the session.
- 621.65 million shares were traded compared with 363.14 million shares in the previous session.
- The total value of traded shares increased to Rs37.11 billion, up from Rs23.10 billion a day earlier.
Overall, 480 companies traded their shares in the market. Among them, 33 companies recorded gains, 386 posted losses, while 61 remained unchanged.
Previous Session’s Sharp Decline
The rebound followed a major downturn on Monday when the KSE-100 Index plunged 11,015.95 points (6.99%), closing at 146,480.15 points compared with 157,496.10 points in the previous session.
Market experts say the latest surge reflects strong investor response to global developments and improving expectations regarding geopolitical stability.
