After a record-breaking single-day crash, the Pakistan Stock Exchange (PSX) saw a strong recovery on Friday. The KSE-100 index surged by 3,647 points to close at 107,174, signaling renewed investor confidence.
Trading opened with a 849-point jump, pushing the index to 104,375 early in the day. The bullish trend continued, and at one point the index peaked at 105,642, marking a rise of 2,115 points.
However, market volatility remained. The index briefly dipped by 536 points, falling to 102,990. It then rebounded with a 142-point recovery, settling at 103,669 before closing.
The turnaround comes just a day after one of the sharpest declines in PSX history. On Thursday, the benchmark KSE-100 index plummeted by 6,482 points, closing at 103,526, as fears of war with India triggered panic selling. It was the second-biggest single-day drop in PSX history—the largest being a loss of 8,700 points last month after the U.S. imposed new tariffs.
Analysts say Friday’s rebound reflects short-term correction and bargain buying after Thursday’s sell-off. However, they caution that ongoing geopolitical tensions will continue to shape investor sentiment in the coming days.