{"id":21322,"date":"2025-05-12T13:26:13","date_gmt":"2025-05-12T08:26:13","guid":{"rendered":"https:\/\/dailyrapidnews.com\/eng\/?p=21322"},"modified":"2025-05-12T13:26:16","modified_gmt":"2025-05-12T08:26:16","slug":"traders-rejoice-as-psx-rockets-almost-10000-points","status":"publish","type":"post","link":"https:\/\/dailyrapidnews.com\/eng\/2025\/05\/12\/traders-rejoice-as-psx-rockets-almost-10000-points\/","title":{"rendered":"Traders rejoice as PSX rockets almost 10,000 points"},"content":{"rendered":"\n<p><strong>&nbsp;In an extraordinary turn of events, the Pakistan Stock Exchange (PSX) witnessed one of its sharpest single-day rallies on Monday, with the benchmark KSE-100 Index surging by nearly 10,000 points during the opening hours of trading.<\/strong><\/p>\n\n\n\n<p>This dramatic upswing was fueled by a convergence of positive developments, notably a landmark ceasefire agreement between India and Pakistan and the International Monetary Fund\u2019s (IMF) approval of fresh funding packages.<\/p>\n\n\n\n<p>At 9:30am, the KSE-100 Index stood at 117,104.11 \u2014 up by 9,929.48 points or 9.26% \u2014 prompting a temporary halt in market operations due to the overwhelming upward momentum.<\/p>\n\n\n\n<p>This historic rise marks the index\u2019s strongest performance in recent years, as investors responded with optimism to regional de-escalation and financial assurances from global institutions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp;In an extraordinary turn of events, the Pakistan Stock Exchange (PSX) witnessed one of its<\/p>\n","protected":false},"author":1,"featured_media":21323,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[2,215,4],"tags":[],"class_list":["post-21322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-latest","category-newsbeat"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.4.1 - 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The benchmark KSE-100 Index surged by 796 points, closing at a record level of 118,770 points. 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Positive investor sentiment was buoyed by robust corporate earnings and a stable economic outlook. The PSX opened strong on Thursday as the benchmark KSE-100 Index climbed 726.29 points,\u2026","rel":"","context":"In &quot;Business&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2025\/08\/a-3.gif?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":20110,"url":"https:\/\/dailyrapidnews.com\/eng\/2024\/09\/20\/psx-achieves-historic-milestone-crosses-82000-point-threshold\/","url_meta":{"origin":21322,"position":3},"title":"PSX achieves historic milestone, crosses 82,000-point threshold","date":"September 20, 2024","format":false,"excerpt":"The Pakistan Stock Exchange (PSX) has achieved a historic milestone by reaching the highest level ever recorded in a remarkable turnaround, surpassing the significant threshold of 82,000 points. 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The index had dropped over 1,000 points to\u2026","rel":"","context":"In &quot;Pakistan&quot;","img":{"alt_text":"PSX","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2022\/05\/6281df50e0229.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts\/21322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/comments?post=21322"}],"version-history":[{"count":1,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts\/21322\/revisions"}],"predecessor-version":[{"id":21324,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts\/21322\/revisions\/21324"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/media\/21323"}],"wp:attachment":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/media?parent=21322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/categories?post=21322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/tags?post=21322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}