Investors witness extreme volatility as Pakistan Stock Exchange swings from record losses to historic gains
Pakistan’s benchmark KSE-100 index made a stunning recovery on Tuesday, soaring 10,757.64 points to 157,300.45, up from Monday’s close of 146,480.14 points. The sharp gain triggered a temporary halt in trading under Pakistan Stock Exchange (PSX) regulations.
According to the exchange, the KSE-30 index surged 5 per cent, activating the market suspension mechanism. Trading resumed at 10:27 AM, as investors reacted to the extreme volatility following Monday’s massive 11,015-point drop—the second-largest single-day decline in PSX history, which wiped out over Rs1.09 trillion in market value.
Market analysts described Tuesday’s rally as a stark reminder of the PSX’s swinging volatility, with dramatic movements in both directions within just 24 hours. Traders and investors are urged to exercise caution while monitoring local and global economic indicators that could influence further market trends.
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