PSX Rallies After Pakistan’s Firm Response to Pahalgam Incident
Web Desk
|
3 months ago
KARACHI: The Pakistan Stock Exchange (PSX) made notable gains on Monday, buoyed by improved investor sentiment after Pakistan’s firm response to India’s actions following the Pahalgam tragedy.
During early trading hours, the benchmark KSE-100 index surged by 1,100 points, reaching 116,658. However, as the session progressed, market volatility returned, and the index saw a decline.
Market analysts attribute the initial rally to Pakistan’s strong and composed stance on recent geopolitical developments, which helped restore some degree of investor confidence. Nevertheless, they caution that market fluctuations are expected to continue amid lingering regional uncertainties.
The PSX had already shown signs of recovery on Friday, following a sharp dip earlier in the week due to heightened tensions between Pakistan and India. On the last trading day of the week, the index gained over 800 points, hitting 115,844 points during the session before closing at 115,469 points.
New School and College Timings Announced Across Sindh
The School Education and Literacy Department Sindh has officially announced new timings for schools and colleges across the province, effective…59 minutes ago
Islamabad Food Authority Seizes 1,000 Kg of Donkey Meat in Tarnol Raid
Islamabad—In a major crackdown, the Islamabad Food Authority (IFA) has recovered over 1,000 kilograms (25 maunds) of donkey meat and…2 hours ago
Israeli Forces Seize Gaza-Bound Aid Ship “Handala” in International Waters
Israeli military forces have seized the Handala, a humanitarian aid ship sailing from Italy to Gaza, and detained all 21…3 hours ago
President Zardari presents Nishan-e-Imtiaz (Military) to U.S. General Michael Kurilla
Rawalpindi, 26 July 2025: The Government of Pakistan has conferred the prestigious award of Nishan-e-Imtiaz (Military) upon General Michael E.…16 hours ago
New School and College Timings Announced Across Sindh
The School Education and Literacy Department Sindh has officially announced new timings for schools and colleges across the province, effective…59 minutes agoIslamabad Food Authority Seizes 1,000 Kg of Donkey Meat in Tarnol Raid
Islamabad—In a major crackdown, the Islamabad Food Authority (IFA) has recovered over 1,000 kilograms (25 maunds) of donkey meat and…2 hours agoIsraeli Forces Seize Gaza-Bound Aid Ship “Handala” in International Waters
Israeli military forces have seized the Handala, a humanitarian aid ship sailing from Italy to Gaza, and detained all 21…3 hours agoPresident Zardari presents Nishan-e-Imtiaz (Military) to U.S. General Michael Kurilla
Rawalpindi, 26 July 2025: The Government of Pakistan has conferred the prestigious award of Nishan-e-Imtiaz (Military) upon General Michael E.…16 hours ago
New School and College Timings Announced Across Sindh
The School Education and Literacy Department Sindh has officially announced…59 minutes agoIslamabad Food Authority Seizes 1,000 Kg of Donkey Meat in Tarnol Raid
Islamabad—In a major crackdown, the Islamabad Food Authority (IFA) has…2 hours agoIsraeli Forces Seize Gaza-Bound Aid Ship “Handala” in International Waters
Israeli military forces have seized the Handala, a humanitarian aid…3 hours agoPresident Zardari presents Nishan-e-Imtiaz (Military) to U.S. General Michael Kurilla
Rawalpindi, 26 July 2025: The Government of Pakistan has conferred…16 hours ago