On a day-on-day basis, the PSX witnessed a turbulent start to the week, with the benchmark KSE-100 index closing nearly flat amid rising tensions with India and State Bank's policy uncertainty. The index dipped steeply in early trading, falling 1,036 points. At close, the KSE-100 recorded a decline of just 11.70 points and settled at 114,102.

President Trump also announced the truce, saying it had been mediated by the United States, although only Pakistan quickly acknowledged an American role.

"The Foreign Ministry welcomes the ceasefire agreement between Pakistan and India, optimistic that it will restore security and peace in the region. The Kingdom commends both part