Pakistan, May 13 -- Pakistan Stock Exchange (PSX) experienced a volatile trading session on Wednesday as early gains were wiped out by geopolitical concerns. The benchmark KSE-100 Index initially rose strongly following positive economic signals linked to IMF funding. However, the rally reversed sharply as investor sentiment weakened due to rising regional tensions.

Early trading saw the KSE-100 Index gain over 672 points, driven by buying interest across key sectors. Banking, cement, automobile, oil and gas, and power stocks all recorded early momentum. The optimism was supported by the State Bank of Pakistan's confirmation of receiving 1.3 billion dollars from the International Monetary Fund.

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