Pakistan stock market KSE 100 surges over 9% on India-Pakistan ceasefire; trading halted for an hour

headlines4Business10 months ago1.7K Views

Pakistan stock market KSE 100 surges over 9% on India-Pakistan ceasefire; trading halted for an hour
Trading at Pakistan’s stock trade was suspended for an hour after the KSE-100 share index surged by 8.84% throughout early trading hours. (AI picture)

India-Pakistan ceasefire affect: (*100*) Pakistan stock market’s key indicator, the Karachi 100 (KSE 100) index, surged by greater than 9% as trading commenced on Monday, following the Pakistani navy’s weekend name in search of a ceasefire with India, after Pakistan sustained important harm to its air bases.(*100*) KSE 100 noticed a outstanding surge, climbing over 9% to achieve 117,104 factors, constructing upon Friday’s 3.5% achieve. Earlier, Pakistani equities skilled important stress, with trading suspended for an hour on Thursday after the principle index plummeted 7.2%, sparked by panic in response to India’s Operation Sindoor.Trading at Pakistan’s stock trade was suspended for an hour after the KSE-100 share index surged by 8.84% throughout early trading hours.(*100*) trading halt was triggered when the KSE-30 index recorded a 5% improve from the day before today’s closing figures, in accordance with stock market protocols. (*100*) suspension affected all fairness and equity-based market operations.(*100*) KSE 100 has recorded a 3.4% decline in May, following April’s 5.5% drop, primarily as a consequence of heightened tensions between India and Pakistan after the terrorist incident concentrating on vacationers in Pahalgam, Kashmir on April 22.Concurrently, Indian market indices Sensex and Nifty registered good points exceeding 2.7% on Monday. However, market consultants warned that potential ceasefire breaches by Pakistan might adversely have an effect on the present optimistic market sentiment.“India’s trade negotiation initiatives are set to reinforce international commercial connections and enhance its export capabilities, ensuring consistent foreign investment inflows and improved market competitiveness. The combination of well-balanced international relations and robust alliances positions India as a dependable investment destination,” stated Devarsh Vakil, Head of Prime Research at HDFC Securities.“The ceasefire between India and Pakistan has paved the way for a sharp market rally. The key driver will be sustained FII buying, which continued for sixteen straight days—except last Friday when tensions spiked. Domestic macros like high GDP growth expectations, a revival in FY26 earnings, and declining inflation and interest rates support a renewed market uptrend,” stated Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Follow
Loading

Signing-in 3 seconds...

Signing-up 3 seconds...