The Pakistan Stock Exchange (PSX) opened positively on Friday, May 9, 2025, rebounding from Thursday’s historic 6% plunge.
The benchmark KSE-100 Index surged to an intraday high of 105,946.01 points, gaining 2,419.2 points or 2.33% from its previous close of 103,526.81. This recovery follows a volatile Thursday session triggered by regional drone attacks, with investors regaining confidence amid a calm start to the day.
After a low of 102,420.82 points, down 1,105.99 points or 1.06%, the KSE-100 Index showed resilience, climbing 2% within the first 30 minutes of trading. The absence of fresh escalations helped restore market sentiment, which Thursday’s events had rattled. The PSX’s circuit breaker was triggered yesterday when the KSE-30 Index dropped more than 5% in five minutes, halting trading for one hour.
Read: Pakistan’s KSE-100 Recovers After 6,500-Point Plunge Amid India Tensions
The KSE-100 Index gained 2,419.2 points, reaching 105,946.01, after a record 6,482.21-point drop on Thursday.
Investor attention is now on the IMF Executive Board meeting today, where a $1.3 billion disbursement under Pakistan’s 37-month Extended Fund Facility (EFF) is under review. The board will also consider modifying performance criteria and accessing funds via the Resilience and Sustainability Facility (RSF). In March, the parties reached a staff-level agreement for a $7 billion program. If approved, this agreement will increase total disbursements to approximately $2 billion.
Thursday marked the PSX’s worst single-day loss, with the KSE-100 Index plummeting 6,482.21 points, or 5.89%, to close at 103,526.81. The index hit a high of 111,881.03 and a low of 101,598.91, reflecting extreme volatility driven by regional tensions. Friday’s rebound signals a potential stabilisation, though uncertainties remain.
