Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Good Fortune trailer
    Videos

    First Trailer for Aziz Ansari’s Good Fortune, Starring Keanu Reeves

    May 29, 2025 2 Min Read
    Last of Us Season 2
    Videos

    ‘The Last of Us’ Season 2 Premieres Date What to Expect From HBO’s Hit Series

    April 13, 2025 2 Min Read
    Disney Snow White box office
    Videos

    Snow White Teaser Drops: Gal Gadot and Rachel Zegler Shine

    February 22, 2025 1 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Pakistan Stock Exchange Rebounds with 2.33% Gain After Historic Losses
PhotoNews Pakistan PhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
Pakistani Stock Market
PhotoNews Pakistan > Business > Pakistan Stock Exchange Rebounds with 2.33% Gain After Historic Losses
Business

Pakistan Stock Exchange Rebounds with 2.33% Gain After Historic Losses

Web Desk
By Web Desk Published May 9, 2025 2 Min Read
Share
Pakistan Stock Exchange Limited Logo. Photo Credits: Dunya News
SHARE

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.

TAGGED:Featured
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

Dead Take 2025 psychological horror

Dead Take: Surgent Studios’ Psychological Horror Game Set for 2025 Release

Ayatollah Ali Khamenei Iran Nuclear Talks

Iran’s Khamenei Rejects US Nuclear Deal, Defends Uranium Enrichment

Adolescence

Adolescence Becomes Netflix’s Second Biggest English TV Series

Malir Jail Karachi Prisoner Escape

Sindh Orders Arrest of Malir Jail Constable in Massive Jailbreak Probe

Punjab solar panel guidelines 2025

Punjab Issues Solar Panel Installation Guidelines Amid Net Metering Cuts

Post Archives

More Popular from Photonews

US Pakistan trade 2025
PakistanTop News

Trump Signals Trade Talks with Pakistan, India Amid Tariff Tensions

3 Min Read
Todd Chrisley and Julie Chrisley Pardon
Top NewsWorld

Julie and Todd Chrisley Released from Prison After Trump Pardon

2 Min Read
50 Cent Diddy pardon 2025
Entertainment

50 Cent Plans to Discuss Diddy Pardon with President Trump, Clarifies Stance

3 Min Read
World

Sharmishta Panoli, Influencer and Law Student, Arrested for Controversial Video

On May 30, 2025, Sharmishta Panoli, a 22-year-old law student and Instagram influencer, was arrested in…

June 1, 2025
Entertainment

George RR Martin Addresses ‘The Winds of Winter’ Delay with Sarcastic Blog Post

On May 31, 2025, George R.R. Martin responded to increasing criticism regarding the delayed release of…

June 1, 2025
Top NewsWorld

U.S. Court Blocks Trump’s Bid to Ban International Students at Harvard

A U.S. court in Boston blocked President Donald Trump’s attempt to prevent Harvard University from enrolling…

May 30, 2025
Balochistan

ADC Hidayat Buledi Martyred in Militant Attack on Sorab Bazaar, Balochistan

On May 30, 2025, Additional Deputy Commissioner (ADC) Revenue Hidayat Buledi was killed in a militant…

May 30, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?