Karachi May 12, 2025: The Pakistan Stock Exchange (PSX) witnessed a historic rally on Monday as the KSE-100 index skyrocketed by 9,475 points, recording an exceptional gain of 8.84% in early trading.
The sharp rise was primarily fueled by news of a surprise ceasefire agreement between India and Pakistan, sparking investor optimism and triggering a market halt due to regulatory safeguards.
According to PSX Notice, the surge in the KSE-30 index—which crossed the 5% threshold from the previous session’s close—activated a market halt under PSX regulations. All equity and equity-based markets were suspended at 9:37 AM as part of an automatic system-triggered safety mechanism.
The market will resume in phases, with a pre-open session at 10:37 AM followed by full reopening at 10:42 AM. All outstanding orders were automatically cancelled during the halt.
Investors responded positively to the de-escalation of geopolitical tensions following the ceasefire announcement, viewing it as a step toward regional stability and potential economic cooperation. The development, coupled with expectations of policy continuity and reform, contributed to strong bullish sentiment across the board.
Analysts noted that the ceasefire not only boosted market confidence but also created room for improved trade and investment prospects with the US in the ongoing trade war.
All market participants were advised to take note of the revised trading schedule and developments via the official PSX notice.
