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PSX Rebounds Nearly 2,500 Points on Ceasefire Signals

Renewed buying followed Turkey’s confirmation of a ceasefire in the PakistanAfghanistan conflict.

Overview

  • The KSE-100 jumped about 2,496 points during Friday trading to roughly 159,229 after a steep slide the previous day.
  • Thursday’s session closed down 1,732 points at 156,732, marking a new October low and extending a multi-session losing streak.
  • Brokers credited the rebound to reports of a Pakistan–Afghan Taliban ceasefire confirmed by Turkey’s foreign ministry, with earnings-season speculation adding momentum.
  • Volatility stayed pronounced, with recent sessions swinging between intraday highs near 159,507 and lows around 156,328 as futures rollover and margin calls amplified moves.
  • Trading participation remained heavy, with roughly 848–952 million shares changing hands across sessions, even as directionally the market remained uncertain.