At 9:40 a.m., the benchmark index stood at 116,355.79, reflecting an increase of 1,446.31 points or 1.26%.

Key sectors such as automobile assemblers, cement, chemicals, commercial banks, oil and gas exploration, OMCs, and refineries showed strong buying momentum. Major stocks like HUBCO, ARL, PSO, SNGPL, MARI, OGDC, PPL, HBL, MCB, and NBP were trading in positive territory.

This comes after a global stock market crash triggered by US tariffs, resulting in trillions of dollars in losses.

On Monday, following a steep drop of nearly 8,700 points—the largest intraday decline in history—the KSE-100 Index recovered more than 50% of its losses, closing at 114,909.48, down by 3,882.18 points or 3.27%.

Additionally, Asian stocks rebounded from 1.5-year lows, and U.S. stock futures indicated a positive trend on Tuesday. Markets stabilized after recent heavy sell-offs amid hopes that Washington might consider negotiating some of its aggressive tariffs.

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