PSX Surges by 10,000 Points in Historic Market Rally

The Pakistan Stock Exchange soared by nearly 10,000 points in the first two minutes of trading on Monday, triggering an automatic market halt.

At 9:32 AM, the KSE-100 index rose by 9,929 points, hitting 117,104. Just three minutes later, it settled at 116,650—up 8.84 percent.

The rally follows days of market crashes and coincides with a widely discussed military event involving Pakistan and India. The surge caused the PSX website to crash due to a spike in user traffic.

A total of 47.8 million shares worth Rs. 3 billion were traded. Out of 300 companies, 294 recorded gains, 5 faced losses, and 1 remained unchanged. This is the first upside halt since 2022. Trading is expected to resume after an hour.

📍 Location:
Karachi

📌 What’s Next:
Trading is on hold and will reopen after a one-hour break.