Karachi, April 10, 2025: The Pakistan Stock Exchange (PSX) staged a strong comeback on Thursday, with the benchmark KSE-100 Index surging 2,036 points to close at 116,189.21. The rally was fueled by improved global investor sentiment following former U.S. President Donald Trump’s announcement of a 90-day suspension on tariffs imposed on several U.S. trade partners.
The index gained 1.78% from the previous close of 114,153.15, touching an intraday high of 117,484.16 before paring some gains. The session’s low was recorded at 116,130.90.
Trading activity remained robust, with over 391 million shares changing hands and a total traded value of PKR 27.96 billion, reflecting renewed investor confidence across key sectors.
Global markets responded positively to Trump’s temporary tariff relief, viewing it as a window for renewed negotiations and a de-escalation of trade tensions. However, the relief did not extend to China—instead, duties on Chinese exports were sharply raised to 125%, signaling continued strain between the two economic giants.
Despite this, Asian markets, including China’s, posted gains, with regional indices buoyed by Wall Street’s overnight rally and the broader pause in trade hostilities.
Thursday’s rally at the PSX follows a steep 1,300-point decline in the previous session, which had been triggered by mounting fears of a global trade war. The sharp rebound highlights the market’s sensitivity to geopolitical developments and the pivotal role of international cues in shaping investor behavior.
