Stocks staged a strong comeback on Thursday, clawing back losses from a bruising midweek rout triggered by geopolitical uncertainty.
The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index climbed to an intraday high of 121,745.30, gaining 1,279.37 points, or 1.06%, and touched a low of 121,103.35, reflecting a rise of 637.42 points, or 0.53%.
The recovery comes after the market lost over 1,500 points on Wednesday amid escalating geopolitical tensions.
The index closed lower by 1,505.11 points, or 1.23%, to 120,465.93 points, down from 121,971.04 points recorded in the last session. The highest index of the day remained at 121,905.5 points, while the lowest level was recorded at 120,418 points.
