{"id":74050,"date":"2025-05-12T11:32:11","date_gmt":"2025-05-12T06:32:11","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=74050"},"modified":"2025-05-12T11:32:11","modified_gmt":"2025-05-12T06:32:11","slug":"psx-surges-nearly-10000-points-following-imf-loan-ceasefire","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/psx-surges-nearly-10000-points-following-imf-loan-ceasefire\/","title":{"rendered":"PSX surges nearly 10,000 points following IMF loan, ceasefire"},"content":{"rendered":"

The Pakistan Stock Exchange<\/a> (PSX) experienced<\/span> a monumental<\/span> rally with the benchmark KSE-100 Index rising<\/span> by 9,926 points in one<\/span> day<\/span> on Monday.<\/p>\n

After<\/span> this monumental<\/span> gain<\/span>, the index reached a<\/span> high<\/span> of 117,104 points, for<\/span> one of the largest increases<\/span> in the market\u2019s history for<\/span> one<\/span> day<\/span>. In<\/span> light<\/span> of<\/span> this<\/span> unbelievable<\/span> increase<\/span>, the<\/span> trading was suspended<\/span> for one hour being<\/span> as<\/span> it<\/span> fell<\/span> under<\/span> market volatility and<\/span> precautionary<\/span> parameters<\/span>.<\/p>\n

According<\/span> to<\/span> the<\/span> market<\/span> experts<\/span>,<\/span> the investors are showing<\/span> confidence<\/span> in the market due to the<\/span> recent approval<\/span> of<\/span> the<\/span> loan tranche by the International Monetary Fund (<\/a>IMF),<\/span> and the ceasefire between Pakistan and India after a brief escalation<\/span> of<\/span> military hostilities<\/span>.<\/p>\n

The stock market had<\/span> a rough<\/span> week, with the KSE-100 index<\/a> falling<\/span> 6,939 points<\/span> or -6.1% week-on-week (WoW).<\/span> The<\/span> index<\/span> closed<\/span> near 107,000 points<\/span> amid increasing<\/span> geopolitical tensions between Pakistan and India.<\/p>\n

The<\/span> index<\/span>\u00a0had<\/span> a slight<\/span> recovery<\/span> on Friday, but<\/span> the overall<\/span> trend was<\/span> still<\/span> bearish. On a day-on-day basis, the PSX had<\/span> huge<\/span> swings<\/span> during<\/span> the week, with the benchmark KSE-100 index closing almost<\/span> flat as<\/span> questions<\/span> loomed<\/span> over<\/span> the<\/span> State Bank\u2019s uncertainty<\/span> on<\/span> policy amid<\/span> rising<\/span> tensions<\/span> with<\/span> India<\/span>.<\/span><\/p>\n

The KSE<\/span>–<\/span>100<\/span> had<\/span> a<\/span> bad<\/span> first<\/span> half<\/span> to<\/span> the<\/span> day<\/span>, as<\/span> it<\/span> was<\/span> down<\/span>,<\/span> at<\/span> one<\/span> stage<\/span>,<\/span> over<\/span> 1,036 points. In<\/span> the<\/span> end<\/span>, the KSE-100 index<\/span> closed<\/span> down<\/span> just 11.70 points to<\/span> 114,102.<\/p>\n

Tuesday was<\/span> a<\/span> lower<\/span> day<\/span>, with<\/span> the index<\/span> declining<\/span> 534<\/span> points<\/span>,<\/span> when<\/span> the<\/span> optimism regarding<\/span> the State Bank 100bps rate cut was<\/span> gone<\/span> and<\/span> tension<\/span> between<\/span> Pakistan and India<\/span> became<\/span> front<\/span> and<\/span> centre<\/span> again<\/span>,<\/span> along<\/span> with<\/span> a warning<\/span> from<\/span> Moody<\/span>‘<\/span>s<\/span> regarding<\/span> economic<\/span> stability<\/span>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Pakistan Stock Exchange (PSX) experienced a monumental rally with the benchmark KSE-100 Index rising by 9,926 points in one day on Monday. After this monumental gain, the index reached a high of 117,104 points, for one of the largest increases in the market\u2019s history for one day. In light of this unbelievable increase, the […]<\/p>\n","protected":false},"author":9,"featured_media":40177,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[4797,3460,160],"class_list":["post-74050","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-kse-100-index","tag-pakistan-stock-exchange","tag-imf"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/74050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=74050"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/74050\/revisions"}],"predecessor-version":[{"id":74051,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/74050\/revisions\/74051"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/40177"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=74050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=74050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=74050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}