Pakistan, June 24 -- The Pakistan Stock Exchange (PSX) witnessed a powerful rally on Tuesday after US President Donald Trump announced a ceasefire between Iran and Israel. Investors responded with strong optimism, pushing the KSE-100 index up by 5,878 points during intraday trading. The benchmark surged to 122,045.62 points, marking a 5.06% gain.

Due to the sharp rise, trading was temporarily halted for one hour, as required by market rules. However, the momentum continued after the session resumed. The index added another 516 points, bringing the final total to 122,562.20 points by the end of the day. This remarkable rise reflected investor relief over reduced geopolitical tensions.

Just a day earlier, the PSX had suffered heavy losses...