Trump Tariff Pause Sees PSX Gain Over 2,000 Points

The Pakistan Stock Exchange (PSX) saw a bullish trend on Thursday, following US President Donald Trump’s announcement of a 90-day pause on most newly imposed “reciprocal” tariffs, temporarily reducing them to a baseline of 10 percent.

The KSE-100 Index surged by 2,036 points, closing at 116,190 points, reflecting a 1.75 percent increase compared to the previous session.

A total of 638,089,718 shares were traded on the day, up from 448,693,567 shares on the previous trading day. The total value of shares traded stood at Rs. 36.92 billion, compared to Rs. 26.585 billion on the last trading day.

Out of the 450 companies whose shares were traded, 346 saw gains, 63 recorded losses, and 41 companies’ share prices remained unchanged.

Trump’s decision to pause tariffs also led to a historic rally in US stock markets on Wednesday. The Dow Jones Industrial Average jumped by 2,962.86 points (7.9 percent), reaching an all-time high of 40,608.45, marking its largest one-day points gain. The S&P 500 and Nasdaq 100 also saw notable gains, rising nearly 10 percent and more than 12 percent, respectively.