KSE-100 Index Sees Significant Gains
On March 10, 2026, the KSE-100 index advanced by 9,696.98 points, closing up 6.62% from its previous close. This surge follows a tumultuous trading day on March 9, when the index recorded a historic decline.
In early trading, the index gained 9,303.75 points, or 6.35%, before a temporary market halt was enacted due to the KSE-30 index recording a 5% increase from the previous trading day’s close.
Trading was temporarily suspended as part of the Pakistan Stock Exchange’s (PSX) regulatory framework designed to manage significant market volatility. It resumed at 10:27 am after the halt.
On March 9, the KSE-100 index closed at 146,480 points, marking a decline of 11,015 points or 6.99%. This decline was the second-largest single-day drop in the index’s history, resulting in losses exceeding Rs1.09 trillion for investors.
The State Bank of Pakistan (SBP) announced on the same day that it would maintain its key policy rate at 10.5%.
The market opened for trading on March 10, recording a high of 158,354.12 points and a low of 155,294.65 points.
Ahmed Sheraz, a market analyst, noted, “Following yesterday’s sharp sell-off triggered by a spike in oil prices and escalating geopolitical tensions, the market opened with a strong rebound today as the KSE-100 surged 9,728 points before trading was halted.”
In an official statement, the PSX indicated, “This automatic suspension is part of the PSX’s regulatory framework designed to manage significant market volatility.”
The sharp rebound in the KSE-100 index reflects a significant shift in investor sentiment following the previous day’s steep decline.
Details remain unconfirmed regarding the long-term impact of these fluctuations on the market and investor confidence.
