Pakistan, May 12 -- The Pakistan Stock Exchange (PSX) soared on Monday after major positive developments lifted investor confidence. The KSE-100 index jumped 9,928 points during intra-day trading. It reached 117,104.11 points, marking the largest single-day gain in PSX history. The index rose over 9% from its previous close of 107,174.63 points. As a result, trading was temporarily halted under market regulations triggered by large swings.

This dramatic surge followed the announcement of a ceasefire between Pakistan and India. Investors welcomed the news, which reduced fears of further conflict. Additionally, the IMF released a disbursement that further boosted economic outlook. According to PSX data, over 60 million shares changed hands...