The Pakistan Stock Exchange witnessed a strong recovery on Tuesday after a sharp sell-off a day earlier.
The benchmark KSE-100 Index surged by more than 9,000 points in early trading as investor confidence returned to the market.
At around 9:16 am, the index reached 155,783.89 points, showing a rise of 9,303.75 points, or 6.35 percent, compared to the previous closing level.
The sudden rally came after Donald Trump suggested that the ongoing conflict in the Middle East could end soon, which helped calm global markets.
However, the strong upward movement triggered a temporary trading halt. According to stock exchange regulations, trading is automatically paused when the KSE-30 Index rises by more than 5 percent from the previous trading day.
The exchange issued a notice confirming that all equity markets were temporarily suspended under its rules.
The market was scheduled to reopen later in the morning after the brief pause.
Buying activity returned across many major sectors of the market. Shares of automobile companies, cement manufacturers, commercial banks, oil and gas exploration firms, oil marketing companies, and power generation companies all recorded gains.
Major stocks such as Oil and Gas Development Company, Pakistan Petroleum Limited, and Habib Bank Limited traded in positive territory.
The recovery followed a difficult trading session on Monday when the KSE-100 Index had dropped by over 11,000 points due to rising tensions in the Middle East and volatile global oil prices.
Analysts say the market may remain sensitive to global political and economic developments in the coming days.