Karachi, April 10, 2025 – The Pakistan Stock Exchange (PSX) witnessed a remarkable rebound on Thursday, as the benchmark KSE-100 index soared by 2,036 points, driven by a broad-based recovery in global equity markets and improved investor confidence.
The KSE-100 index closed at 116,189 points, up from the previous day’s 114,153. The PSX mirrored the upward momentum observed in major global bourses, particularly following a strong performance on Wall Street and gains in regional markets. During intraday trading, the index surged as high as 3,331 points, showcasing the market’s volatile yet responsive nature.
“This surge was largely influenced by the rally in US and other global stock exchanges, which lifted sentiment in emerging markets,” noted Naveed Nadeem, Senior Equity Trader at Topline Securities. “The PSX capitalized on this momentum as investors reacted positively to external cues and easing tariff concerns.”
The recent announcement of a 90-day hold on new tariffs by the United States played a significant role in calming global trade tensions. As a result, the PSX, which had been struggling under pressure from the ongoing trade war, found renewed energy. The local bourse closed the session with a gain of 1.78%, reflecting a broader shift toward optimism.
Trading volume was robust, with approximately 809 million shares exchanged and a market value of PKR 48 billion, indicating heightened investor activity. Key contributors to the index’s rise included HUBC, OGDC, LUCK, UBL, and PPL, which collectively added 633 points.
CNERGY led the market in volume, with 86 million shares traded. Meanwhile, the improving global commodity outlook and expectations of a decline in fuel and electricity prices in Pakistan further supported positive market sentiment. Analysts predict this could lead to lower inflation and potential interest rate cuts, encouraging more investment in cyclical sectors.
Pak Electron was among the top performers, hitting its upper circuit amid increased investor demand. “The combination of global recovery and domestic economic optimism gave the PSX the push it needed,” said Muhammad Rizwan, Director Brokerage at Chase Securities Pakistan.
As global markets continue to stabilize, the PSX is expected to remain sensitive to international developments and economic signals.