Karachi (Commerce Desk): The economic impact of the ceasefire between Iran and the United States—facilitated by Pakistan’s successful diplomacy—was immediately reflected in the stock market, which witnessed a massive surge.
On Wednesday, the Pakistan Stock Exchange recorded a significant increase of 12,920 points, pushing the KSE-100 Index to 164,594 points.
According to PSX management, trading activities were suspended for one hour due to the extraordinary rise. At the start of the session, trading was halted at 9:37 AM after the KSE-30 Index surged by more than 5%, and later resumed at 10:42 AM.
Even after trading resumed, the bullish trend continued, with the index rising by 12,730 points to reach 164,404 points, reflecting a notable increase in investor confidence.
