The Pakistan stock market organized a strong rebound on Thursday, with the KSE-100 index emerging as investors improved after a temporary pause about US tariffs announced by President Donald Trump.
The reference index implemented an intradic maximum of 117,484.16, winning 3,331.01 points, or 2.92%, from the previous closure of 114,153.15.
Even the loss of the session, at 116,452.12, reflected a gain of more than 2,298 points.
The global markets recovered after Trump offered a 90 -day break about tariffs imposed on most US business partners. The measure was seen as an opportunity for new negotiations, calming markets worldwide.
While Trump extended relief to several countries, he intensified tensions with China to the hiking of Chinese exports to 125%.
However, the Asian markets, including those of China, shrugged, with the widest region welcoming the breathing space.
The Wall Street night rally also added to the positive feeling through Asian Bours, supporting the strong recovery of the PSX.
The rebound occurred after the KSE-100 had fallen into more than 1,300 points in the previous session in the middle of the growing world commercial fears.
