The Pakistan Stock Exchange opened up over nine per cent on Monday after a ceasefire over the weekend with India, returning calm to the markets.
Saturday’s ceasefire, announced by US President Donald Trump, followed four days of tit-for-tat strikes between the nuclear-armed neighbours, as well as diplomacy and pressure from Washington.
The KSE-100 index opened with a gain of 9,929.48 points, or 9.26pc, to stand at 117,104.11 points from the previous close of 107,174.63 at 9:30am.
Due to the massive gains, the PSX was suspended briefly soon after opening.
Indian shares also rallied today.
More to follow
