💹 Historic Stock Market Rally Follows Military Victory
The Pakistan Stock Exchange (PSX) witnessed an unprecedented surge on Monday following the successful Operation Banyan Marsus, conducted by the Pakistan Army against Indian forces on May 10. Investor sentiment soared, driving the KSE-100 Index up by 9,650 points, an 8.12% increase, triggering a temporary trading halt.
🏦 Market Indices See Record Gains
According to the official PSX website, strong investor activity was observed as trading began for the week. Here’s how the indices moved:
- KSE-100 Index: Rose by 9,650 points to 116,650
- All Share Index: Up by 5,404 points
- KSE-30 Index: Jumped 3,020 points
- KMI-30 Index: Surged 14,852 points
- BKTI Index: Increased 2,346 points
💼 Investors Flock to Key Sectors
The market rally was largely fueled by fresh investments in sectors such as:
- Technology
- Communication
- Transport
These sectors benefited the most from the post-conflict optimism and regional de-escalation.
📊 Analysts Cite Ceasefire Confidence
Economic analysts attribute the surge to investor confidence sparked by the ceasefire between India and Pakistan and the successful military operation. With reduced tensions and the threat of war lifted, the market has regained momentum.
“If peace continues, the Pakistan Stock Market could return to its all-time high within days,” said a leading market analyst.
