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Historic Surge: PSX's Record-breaking Rally Amid Eased Tensions

  • The Pakistan Stock Exchange experienced a historic rally on Monday, with the KSE-100 index surging by 9,928 points to reach 117,104.11 points in Karachi.
  • This increase followed improved relations between India and Pakistan, highlighted by a ceasefire declared on May 10 and a mutual agreement to suspend tariffs for 90 days.
  • The record intraday gain of over 9,900 points triggered a temporary market suspension due to extreme price fluctuations amid improved investor sentiment and expectations of an IMF loan.
  • The KSE-100 index closed up 9.45% from the previous session, with market analysts citing positive developments like lower interest rates, resolution of circular debt, and resumed geopolitical stability.
  • Following the rally, the PSX maintained upward momentum on Tuesday, reflecting restored regional calm and signaling potential economic stabilization and a reevaluation of market valuations.
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Pakistan Live News broke the news in on Monday, May 12, 2025.
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