Islamabad, Apr 10, 2025: The Pakistan Stock Exchange (PSX) saw an energetic start on Thursday as the benchmark KSE-100 index skyrocketed by more than 3,000 points within the first few minutes of trading.
This bullish rally came in response to former U.S. President Donald Trump’s decision to delay his planned tariff implementation by 90 days for all non-retaliating trade partners.
The market welcomed the move with confidence, as the index opened at a strong 117,095—registering a gain of nearly 3 percent immediately.
By 9:35 AM, the KSE-100 index had surged to 117,484 points, representing a 2.91% increase or a jump of 3,331 points.
Just three minutes later, at 9:38 AM, the index stood at 116,729—still up by 2.26% or 2,575 points compared to the previous session.
Trading activity was notably high, with over 60 million shares exchanging hands in the first five minutes alone.
The overall market value of the shares traded reached approximately Rs. 3.63 billion, showcasing renewed investor interest.
Out of the 281 listed companies that participated in the early trade, a remarkable 258 registered gains, while only 19 experienced losses.
Share prices of four companies remained unchanged, reflecting an overwhelmingly bullish sentiment.
Read More: PSX Drops 2,600 Points on Trade War Jitters
The surge was largely driven by impressive performances from key players such as Pak Elektron Limited (PAEL), Cnergyico PK Ltd. (CNERGY), WorldCall Telecom (WTL), K-Electric Ltd. (KEL), and Maple Leaf Cement (MLCF). These stocks witnessed considerable buying pressure and were among the top contributors to the index’s rise.
Here’s a quick look at their early performance:
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PAEL traded at Rs. 44.50, gaining Rs. 3.72 with over 1.68 million shares exchanged.
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CNERGY stood at Rs. 8.55, up Rs. 0.23 with 619,905 shares traded.
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WTL moved to Rs. 1.34, gaining Rs. 0.04 on 512,500 shares.
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KEL increased by Rs. 0.19, reaching Rs. 4.40 on a volume of 403,852.
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MLCF jumped by Rs. 2.62 to Rs. 63.50, with 316,766 shares traded.
The market’s strong start signals growing optimism among investors, especially following the temporary relief in international trade tensions.
