The capital market opened on a positive note Tuesday, recovering from the previous day\u2019s historic plunge, as investors responded to stabilising global markets. The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index jumped by 1,782.81 points, or 1.55%, to reach an intraday high of 116,692.29. The index had touched a low of 115,706.47 during the session. Investor sentiment was further buoyed by the opening of the Pakistan Mineral Investment Forum 25 (PMIF25) in Islamabad, where Federal Minister for Petroleum and Natural Resources Ali Pervaiz Malik showcased the country\u2019s untapped mineral resources across 600,000 square kilometres. The two-day forum, which runs from April 8\u20139, is being attended by around 2,000 participants, including 300 foreign delegates. Representatives from the US, Saudi Arabia, China, T\u00fcrkiye, Azerbaijan, and other countries \u2014 as well as financial institutions like the US Exim Bank and the Asian Development Bank \u2014 are participating. Several investment agreements and MoUs are expected to be signed during the event. Meanwhile, diplomatic momentum picked up after US Secretary of State Marco Rubio held a call with Deputy Prime Minister and Foreign Minister Ishaq Dar on Monday. The two discussed Washington\u2019s recent imposition of a 29% tariff on Pakistani goods and agreed to work towards a fair and balanced trade relationship. According to a statement from the Foreign Office, Dar reiterated Pakistan\u2019s commitment to strengthening its partnership with the US, particularly in the areas of trade, investment, and counterterrorism. The US side reportedly expressed interest in expanding commercial opportunities, including engagement in Pakistan\u2019s critical minerals sector. The rebound follows a steep decline on Monday, when the KSE-100 Index plunged by 3,882 points (-3.27%), amid global sell-offs triggered by concerns over new US trade tariffs. The index had touched a day\u2019s low of 110,103.98 before closing at 114,909.49.<\/p>\n","protected":false},"excerpt":{"rendered":"
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