Pakistan Stock Exchange Records Historic Rally, Index Rises by 12,443 Points

The Pakistan Stock Exchange witnessed an unprecedented and historic surge at the start of trading, with the market gaining a record 12,900 points in a single day.

During trading, the Hundred Index rose from 151,000 points to cross the 164,000 point level, which is being considered one of the biggest gains in the country’s history.

Due to the sharp rally in the market, trading had to be temporarily suspended and the Pakistan Stock Exchange was halted for an hour. During this time, a dozen limits were also restored simultaneously in the market.

When trading resumed after an hour-long suspension, the Hundred Index was trading at 164,107 points, up another 12,443 points.

According to brokers, Pakistan’s important diplomatic role in ending tensions in the region and leading to a ceasefire has restored investor confidence, resulting in a strong rally in the market.