{"id":3963,"date":"2025-06-24T13:39:19","date_gmt":"2025-06-24T08:39:19","guid":{"rendered":"https:\/\/youdigital.pk\/en\/?p=3963"},"modified":"2025-06-24T13:39:19","modified_gmt":"2025-06-24T08:39:19","slug":"psx-soars-over-5800-points-after-israel-iran-ceasefire-announcement","status":"publish","type":"post","link":"https:\/\/youdigital.pk\/en\/2025\/06\/24\/psx-soars-over-5800-points-after-israel-iran-ceasefire-announcement","title":{"rendered":"PSX Soars Over 5,800 Points After Israel-Iran Ceasefire Announcement"},"content":{"rendered":"

ISLAMABAD:<\/strong>
The Pakistan Stock Exchange<\/a> (PSX) witnessed a historic surge on Tuesday, climbing nearly 5,900 points after US President Donald Trump announced a ceasefire between Israel and Iran.<\/strong><\/p>\n

The KSE-100 index jumped 5,878.15 points \u2014 a gain of 5.06% \u2014 reaching an intraday high of 122,045.62 from its previous close of 116,167.47.<\/p>\n

The sudden boost reflects improved investor sentiment and eased global concerns following 12 days of intense military conflict in the Middle East.<\/p>\n

Global markets also responded positively.<\/p>\n

Stocks rallied worldwide, the US dollar weakened, and oil prices dropped nearly 5% \u2014 the lowest in two weeks \u2014 due to reduced fears of supply disruptions.<\/p>\n

On Monday, PSX had seen panic selling amid US airstrikes on Iran\u2019s nuclear sites and Tehran\u2019s threat to close the Strait of Hormuz, losing over 3,800 points.<\/p>\n

Market Temporarily Halted After Sharp Gain<\/h4>\n

Due to the sharp 5% rise in the KSE-30 index, PSX regulations triggered a market halt shortly before 11:30am.<\/p>\n

Trading was paused for an hour and resumed at 12:31pm.<\/p>\n

The PSX notice confirmed the halt was a standard regulatory response to sudden price movement.<\/p>\n

This reflects strong investor reaction to geopolitical de-escalation in the region.<\/p>\n

Ceasefire Announcement Boosts Confidence<\/h4>\n

President Trump announced the ceasefire through a late-night social media post.<\/p>\n

He revealed that Iran would halt military operations at 4am GMT, with Israel expected to follow 12 hours later.<\/p>\n

The Israeli government claimed it had achieved all military objectives and welcomed the truce.<\/p>\n

However, Iran\u2019s Foreign Minister stated that no official ceasefire agreement had been reached yet.<\/p>\n

He added Tehran would not pursue further attacks if Israel stopped its \u201cillegal aggression\u201d.<\/p>\n

The PSX rally indicates that markets have welcomed the possibility of de-escalation, at least in the short term.<\/p>\n","protected":false},"excerpt":{"rendered":"

ISLAMABAD:The Pakistan Stock Exchange (PSX) witnessed a historic surge on Tuesday, climbing nearly 5,900 points after US President Donald Trump announced a ceasefire between Israel and Iran. The KSE-100 index jumped 5,878.15 points \u2014 a gain of 5.06% \u2014 reaching an intraday high of 122,045.62 from its previous close of 116,167.47. The sudden boost reflects …<\/p>\n","protected":false},"author":6,"featured_media":3964,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[90,160,304,1309],"class_list":["post-3963","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national-news","tag-ceasefire","tag-headline","tag-psx","tag-stockmarket"],"_links":{"self":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/3963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/comments?post=3963"}],"version-history":[{"count":1,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/3963\/revisions"}],"predecessor-version":[{"id":3965,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/3963\/revisions\/3965"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/media\/3964"}],"wp:attachment":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/media?parent=3963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/categories?post=3963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/tags?post=3963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}