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Reading: Pakistan Stock Exchange Soars Past 120,000 as Ceasefire and IMF Boost Confidence
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PhotoNews Pakistan > Business > Pakistan Stock Exchange Soars Past 120,000 as Ceasefire and IMF Boost Confidence
Business

Pakistan Stock Exchange Soars Past 120,000 as Ceasefire and IMF Boost Confidence

Web Desk
By Web Desk Published May 13, 2025 2 Min Read
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Pakistan Stock Exchange. Photo: PMLN / X
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The Pakistan Stock Exchange (PSX) extended its bullish run on May 13, 2025. The KSE-100 Index exceeded 120,000 points during intra-day trading, climbing 2,769.39 points (2.36%) to a high of 120,067.12 from a close of 117,297.73.

Fueled by a U.S.-brokered ceasefire with India, President Trump’s trade and Kashmir mediation offers, and the IMF’s $2.4 billion financial package, the rally marks a historic recovery, bolstered by macroeconomic stability and easing regional tensions.

Following Monday’s unprecedented 9,928-point surge, the largest single-day gain in PSX history, the KSE-100 Index continued its ascent, crossing 120,000 for the first time since April 4.

PSX data reported a trading volume of 140.7 million shares, valued at Rs17.07 billion, reflecting robust investor enthusiasm. The KSE-30 Index’s 5% surge triggered a brief trading pause, yet the market’s upward trajectory persisted, with Topline noting a “roaring” rebound from last week’s gloom.

According to PSX data, the KSE-100 Index surged 2,769.39 points to 120,067.12 on May 13, 2025, driven by the India ceasefire and the IMF’s $2.4 billion aid.

Read: Pakistan Stock Exchange Surges 9,928 Points as India-Pakistan Ceasefire

The ceasefire, announced on May 10, alleviated geopolitical fears after India’s May 6–7 strikes, which killed 51 Pakistanis and prompted Operation Bunyaan al Marsoos. Trump’s pledge for increased trade and Kashmir mediation boosted sentiment, as did the IMF’s approval of $1 billion from the Extended Fund Facility and $1.4 billion from the Resilience and Sustainability Facility.

Last week’s 6,939-point (-6.1%) KSE-100 plunge, driven by regional unrest, gave way to optimism as the ceasefire and IMF funds signalled stability. Analysts, cited by Topline, attribute the rally to renewed investor trust, though caution persists over global tariff uncertainties impacting Q2.

The PSX’s performance aligns with fiscal measures like Budget 2025’s tax reforms, with X users speculating on sustained gains if diplomatic progress continues.

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