KARACHI (Dunya News) - Pakistan’s stock market witnessed a strong rally on Wednesday after US President Donald Trump announced the suspension of “Project Freedom”, boosting investor confidence.
At the start of the third trading day of the business week, the benchmark KSE-100 Index jumped by 3,386 points to reach 168,128 points, reflecting immediate positive sentiment in the market.
The bullish trend continued throughout the session, with the index closing at 171,704 points — a massive gain of 6,962 points by the end of trading.
Market activity remained robust, as shares worth Rs48.67 billion were traded, with a total volume of over 562 million shares changing hands during the day.
Analysts attributed the surge to improved investor sentiment following international developments, along with expectations of economic stability and favourable policy direction.
It is worth noting that in the previous session, the KSE-100 Index had already gained 793 points to close at 164,742 points, indicating a building momentum in the market.
Summary: Pakistan’s stock market rallied sharply, with the KSE-100 Index gaining nearly 7,000 points, driven by improved sentiment after Trump halted “Project Freedom”.