Pakistan’s stock market bounced back strongly on Thursday, with the KSE-100 Index surging by over 3,300 points, driven by renewed investor confidence following a temporary pause on US tariffs announced by President Donald Trump.
The benchmark index hit an intraday high of 117,484.16, marking a 2.92% gain from the previous close of 114,153.15. Even at its lowest point during the session — 116,452.12 — the market reflected a substantial gain of more than 2,298 points.
Global Relief Spurs Local Recovery
Markets across the globe rallied after Trump extended a 90-day pause on tariffs targeting most of the United States’ trade partners. This window for negotiations brought much-needed calm to jittery markets, triggering bullish sentiment from Wall Street to Asia — and finally, the Pakistan Stock Exchange (PSX).
While Trump eased trade tensions with several countries, he simultaneously increased tariffs on Chinese exports to 125%, which raised eyebrows but did little to spook Asian markets. Even China’s bourses posted gains, signaling optimism around possible diplomatic breakthroughs.
PSX Follows Global Rally
The recovery comes after the KSE-100 had shed over 1,300 points in the previous session due to fears of a full-scale global trade war. Thursday’s rally not only erased those losses but set the tone for a potential upward trend, assuming geopolitical stability persists.
With global cues turning positive and traders finding fresh hope, the PSX delivered one of its strongest single-day rebounds in recent months.
