(12 May 2025)
RESTRICTION SUMMARY:
ASSOCIATED PRESS
Karachi, Pakistan – 12 May 2025
1. Various of stock brokers celebrating massive rise in the Pakistan stock market by cutting cake
2. Various of Pakistan Stock Exchange main electronic screen
3. SOUNDBITE (Urdu) Shaharyar Butt, Stock analyst:
“Since the ceasefire announcement, the investors have again re-entered the market with much enthusiasm, took advantage of low share prices which were available and after which we saw the stock market show record performance. Today, soon after opening, there was an increase of more than 9,000 points and about 9.5 percent of the stock market increased. Due to which we are witnessing sentiments on the positive side in the market. After the ceasefire, Pakistani investors were of the view that the stock market will remain stable.”
4. Various of stock broker trading in Pakistan’s stock exchange
5. SOUNDBITE (Urdu) Shaharyar Butt, Stock analyst:
“The International Monetary Fund (IMF) released $1 billion plus a loan tranche along with some climate change package to Pakistan which made some positive impact. The Pakistani government is also taking steps for economic reforms and moving forward the IMF agenda.”
6. Exterior of the Pakistan Stock Exchange
7. Various of Karachi Jinnah International Airport’s departure lounge
8. Mid of digital flight schedule at airport
9. SOUNDBITE (Urdu) Ameer Ali, passenger:
“The flights stopped and now they (airlines authorities) called me to tell me that the flights have resumed. I have come from Jeddah (Saudia Arabia) to Karachi. I have reached the homeland without any harm.”
10. Mid of passengers and their luggage
11. Exterior of Karachi Jinnah International Airport
STORYLINE:
The Pakistan Stock Exchange rebounded on Monday after a ceasefire agreement was brokered between the nuclear-armed states India and Pakistan.
Pakistan’s KSE 100 surged more than 9% and trading was halted for one hour following a spike driven by the ceasefire and an International Monetary Fund decision on Friday to disburse about $1 billion of a bailout package for its battered economy.
Stock analysts said investors felt some confidence to put money back into the market.
"Since the ceasefire announcement, the investors have again re-entered the market with much enthusiasm, took advantage of low share prices which were available and after which we saw the stock market show record performance," Shaharyar Butt said to the Associated Press.
The Sensex in Mumbai shot up 3.2% after India and Pakistan agreed to the truce.
Soon after the ceasefire announcement on Saturday, Pakistan reopened all of its airports and restored flight operations.
AP video and production by Muhammad Farooq
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