#NewsTrade As of May 12, 2025, significant developments have occurred in South Asia's geopolitical and economic landscape:
๐ต๐ฐ Pakistan Stock Market Soars Amid Ceasefire
Following a ceasefire agreement between Pakistan and India, the Pakistan Stock Exchange (PSX) experienced a remarkable surge. The KSE-100 index rose over 9%, reaching 117,104 points, leading to a temporary trading halt due to regulatory circuit breakers. This rally is attributed to the easing of geopolitical tensions and the announcement of a $2.3 billion bailout package from the International Monetary Fund (IMF).
๐ฎ๐ณ Indian Markets Respond Positively
India's financial markets also reacted positively to the ceasefire. The Nifty 50 and BSE Sensex indices rose by 2.5% and 2.8%, respectively, with notable gains in financial, IT, and tourism sectors. Analysts maintain optimistic growth forecasts for India's economy, projecting a 6.5% expansion in FY25-26. #NewsTrade #TradeStories