Benchmark KSE-100 Index Surges by Over 3,300 Points Following Trump’s Decision to Pause Tariffs
Key Takeaways:
i) The PSX’s benchmark KSE-100 index increased by 3,331.01 points, reaching 112,891.48.
ii) The surge followed a period of global market turmoil fueled by fears of an escalating trade war between the United States and China.
iii) Analysts suggest the positive opening mirrored international market trends, with an increase of approximately 2.5%.
Islamabad, Pakistan – April 10, 2025 – The Pakistan Stock Exchange (PSX) experienced a significant rebound on Thursday, gaining over 3,300 points, a day after the United States announced a 90-day pause on many of its new tariffs, excluding those on China.
The PSX’s positive opening mirrored international market trends, showing an increase of approximately 2.5%, according to Mohammed Sohail, chief executive at Topline Securities. This surge comes as a relief to investors after recent market volatility.
The PSX has over 500 listed companies across various sectors.
The Pakistan Stock Exchange (PSX), established in 1947 as the Karachi Stock Exchange, plays a crucial role in Pakistan’s economy. In January 2016, the Karachi, Lahore, and Islamabad stock exchanges merged to form the PSX. It serves as a platform for companies to raise capital and for investors to grow their wealth. The PSX has over 500 listed companies across various sectors.
