Karachi: The Pakistan Stock Exchange (PSX) witnessed a major rebound on Friday as the benchmark KSE-100 Index jumped by more than 4,000 points after Pakistan and the United States finalized a crucial tariff agreement.
Finance Minister Muhammad Aurangzeb confirmed that the long-anticipated tariff deal was successfully concluded following high-level talks in Washington. The development sparked strong investor confidence, driving a sharp rise in market activity.
By 10:59 AM, the KSE-100 Index stood at 162,685.62 — an increase of 4,242.20 points or 2.68%.
According to officials, the new agreement aims to strengthen bilateral trade and open new investment opportunities between the two countries. Experts say this move is likely to boost Pakistan’s exports and attract greater foreign participation in the local market.
During his visit to Washington, Aurangzeb also met US Assistant Secretary of the Treasury Robert Kaproth and discussed Pakistan’s progress in regulating digital and virtual assets. He invited American investors to explore opportunities in Pakistan’s energy, agriculture, minerals, and IT sectors, citing recent economic reforms and pro-business policies.
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