The Pakistan Stock Exchange (PSX) on Tuesday bounced back with with substantial gains a day after it suffered massive losses due to geopolitical tensions. During intraday trading, the KSE-100 index gained over 5,000 points to reach 157,106 points compared to previous close of 151,972 points.
A day earlier the stock marked experienced a sharp drop on Monday, with the KSE-100 index plummeting by more than 16,000 points as rising geopolitical tensions between Iran, Israel, and the United States triggered widespread investor panic and a massive sell-off. The KSE-100 index fell by 16,089.17 points, closing at 151,972.99 points, marking a significant decline of 9.57% from the previous day’s close of 168,062.16 points.