PSX surges nearly 5,000 points on ceasefire hopes between Pakistan and Afghanistan, posts 4th-highest single-day gain

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29 Oct 2025

Karachi

The Pakistan Stock Exchange (PSX) roared back to life on Friday, with the KSE-100 Index skyrocketing 4,899 points—or 3.13%—to close at 161,632, its fourth-highest single-day gain ever. The benchmark reclaimed the 160,000 mark after a week of heavy selling.

The surge was sparked by optimism over a ceasefire between Pakistan and Afghanistan, mediated by Turkey and Qatar in Istanbul, easing geopolitical tensions, said Ali Najib of Arif Habib Ltd. “This revived investor confidence,” he noted.

Banking giants like UBL, MCB, and HBL, alongside fertilizers (FFC) and cement (LUCK), drove 3,083 points of the rally. Volumes hit 951.3 million shares worth Rs42.2 billion, led by WorldCall Telecom.

Weekly, the index dipped 1.02%, but analysts eye 165,000 if momentum holds, with

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