Pakistan’s benchmark KSE-100 Index surged 2,036 points on Thursday, closing at 116,189.21, driven by investor optimism and strong volumes across key sectors.
The index rose 1.78%, up from the previous close of 114,153.15, touching an intraday high of 117,484.16 before settling slightly lower. The day’s low was recorded at 116,130.90.
Market turnover remained robust with over 391 million shares traded, while the total traded value reached PKR 27.96 billion.
Global markets rallied after Trump offered a 90-day pause on tariffs imposed on most US trade partners. The move was seen as an opportunity for fresh negotiations, calming markets worldwide.
While Trump extended relief to several countries, he escalated tensions with China by hiking duties on Chinese exports to 125%.
However, Asian markets, including China’s, shrugged off the move, with the broader region welcoming the breathing space.
Wall Street’s overnight rally also added to the positive sentiment across Asian bourses, supporting the PSX's sharp recovery.
The bounce came after the KSE-100 had fallen by over 1,300 points in the previous session amid rising global trade fears.
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