The Pakistan Stock Exchange (PSX) gained over 2,000 points on Thursday, a day after the US announced pausing many of his new tariffs — barring those on China — for 90 days.

The rebound follows global market turmoil in response to fears that the trade war between the United States and China would escalate.

The benchmark KSE-100 index opened on a highly positive note, gaining 3,331.01 points, or 2.92 per cent, to reach 112,891.48 at 9:33am from the previous close of 114,153.15.

However, the shares soon witnessed a sharp fall, going as low as 116,232.29 and........

© Dawn Business