Stocks record highest single-day surge of 10,123 points as geopolitical tensions ease

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KARACHI: The Pakistan Stock Exchange (PSX) on Monday observed the highest single -day increase of 10,123 points on Monday after a surprising fire between Pakistan and India, which invited investors to make aggressive purchases.

The stock market stopped for an hour, within 5 minutes of its opening, when the index opened at 9.26 % positive. According to the exchange roll, if the KSE30 moves 5.0 % in any direction and lasts in this area for five consecutive minutes, the trade will be stopped for an hour.

Benchmark KSE-100 Index reached 10,123.09 points, or 9.45 percent, 117,297.73 points, which increased by 107,174.64 points in the last session. The highest index of the day was 117,327.78 points, while the lowest level was recorded at 115,794.37 points.

Arif Habib Limited analyst Ahsan Mahanti said that PSX witnessed a historic increase, led by a wide range of benefits in several scripts after a surprising ceasefire agreement between Pakistan and India. US President Donald Trump’s proposal to mediate and significantly enhance trade relations in the region has further eliminated the market sentiment.

The global rally in equity and rising crude oil prices, which is encouraged by the US trade agreement, also participated in the pace. Locally, the Pakistani rupee remained stable after the expansion fund facility (EFF) and the approval of the IMF executive board under the flexibility and stability facility (RSF). The State Bank of Pakistan’s policy rate cut off as an important catalyst, which ended with a speedy record near PSX.

The KSE 30 index increased by 32,648.1 points by 35,838.8 points in the KSE 30 index.

Shares of trade increased from 212 million shares to 732.877 million shares to 516.295 million shares. The commercial value increased from Rs 30.382 billion to Rs 28.841 billion. The market capitalization increased to Rs 14.016 trillion against Rs 12.893 trillion. Of the 462 companies operating in the session, 405 were closed in green, 26 in red, and 31 changed.

According to a Topline Securities report, a historic day has been observed in the Pakistan Market on May 12, 2025, which increased the Benchmark’s SE -100 % by 9.45 % in a single day, the highest rise after 26 years.

Beginning in Kashmir, which began in the April 22 Pahalgam incident amid the riots of India, on May 9, 2025, the market lost 12.5 % in 12 sessions before the recovery of 3.5 %.

The aforementioned geographical political tension also clouded various positive developments in the Pakistan market and the economy, which included reading less inflation at 0.3 % YOY at all times in April 2025. Pakistan’s first review of EFF; And 100bps deductions in policy rates by the Central Bank of Pakistan.

It states, “According to our channel examination, in the past, local sellers who were aggressive buyers through direct and local bilateral funds, who were local individual investors.

The highest increase was recorded at Unilateral Pakistan Foods Limited, which increased by Rs 904.44 to Rs 22,877.32 per share, followed by PIA holding company Limited B, which increased to Rs 7373.52 to Rs 8,508.75. A significant reduction was noted in Premium Textile Mills Limited, which was reduced by Rs 9.89 to Rs 390.11 per share. Neelam Textile Mills Limited followed it, which was reduced from Rs 9.43 to Rs 1,067.27 per share.

KK Electric Limited remained the volume leader with 114.646 million shares, which closed at Rs 4.56 per share by 55 money. With 75.910 million shares, Athar Limited followed it, closing more than Rs 1.44 and closed at Rs 444.01 per share.

Other important business stocks include World Call Telecom, Power Cement, Kanjoco PK, Bo Punjab, Cohnore Spinning, Hub Power Company, Pak Int Bulk, and Peace (Pak) Ltd.

In the futures market, 318 companies recorded trading, of which 314 increased, one decreased and 3 remained.