Pakistan, April 8 -- The Pakistan Stock Exchange (PSX) made a strong recovery on Tuesday morning after its largest-ever intraday loss the previous day. The KSE-100 Index surged by over 1,400 points in early trading, signaling a sharp rebound. By 9:40 AM, the index had reached 116,355.79, a rise of 1,446.31 points, or 1.26%, from the previous close. This recovery came as investors regained confidence and looked for bargains following Monday's market panic.
Several sectors saw significant buying activity, including automobiles, cement, chemicals, and banks. Investors also focused on oil and gas companies, along with refineries. Major stocks such as HUBCO, ARL, PSO, and OGDC led the gains. These stocks contributed greatly to the index's rally...