PSX triggers market halt after KSE-30 surges 5%

March 10, 2026 (MLN): Trading at the Pakistan Stock Exchange (PSX) was temporarily suspended on Tuesday after the KSE-30 Index surged 5% from the previous trading day’s close, triggering an automatic market halt under PSX regulations.

According to a notice issued by the exchange, the halt was triggered at 09:22 AM, leading to the suspension of all equity-based markets. As per the rules, all outstanding orders were automatically cancelled by the system.

The exchange announced that trading would resume in phases, with the pre-open session starting at 10:22 AM, followed by the market reopening at 10:27 AM.

The Pakistan Stock Exchange (PSX) opened Tuesday’s session on a strong positive note, staging a sharp rebound after Monday’s heavy sell-off.

As of the early trading session, the benchmark KSE-100 Index was recorded at 155,954.47, showing an increase of 9,474.33 points or 6.47%, with the market remaining firmly in positive territory throughout the session so far.

The recovery comes a day after the market witnessed a decline.

By the close of Monday’s session, the benchmark KSE-100 Index had settled at 146,480.14, registering a steep drop of 11,015.96 points or 6.99%, as investors reacted to surging global oil prices and geopolitical tensions in the Middle East.

However, a sharp rebound comes after oil prices tumbled nearly 10% in international markets, following remarks from U.S. President Donald Trump, who warned Iran against disrupting shipments through the Strait of Hormuz and suggested that the ongoing conflict with Tehran could soon move toward de-escalation.

The drop in oil prices helped ease fears that had triggered Monday’s aggressive sell-off in the local market.

During Tuesday’s early trading hours, the index moved within a range of 914.41 points, touching an intraday high of 156,209.06 (+9,728.92) and a low of 155,294.65 (+8,814.51).

Copyright Mettis Link News