PSX Stock Increase by 10000 points due to ceasefire From Pak and Ind

Today the Pakistan stock exchange witnessed a massive increase due to India requesting the US to agree to a ceasefire with Pakistan. It is even reported by Indian media that India was the one that requested a ceasefire through the USA, and yes USA has leverage with Pakistan because the USA is the biggest buyer of Pakistani exports. Additionally, this news was the reason why today's stock market increased significantly, and another contributor was the IMF's approval of Pakistan's 1.3 billion dollar installment. It is important to note that this is the biggest increase for PSX. 

Of course, whenever there is a tense situation, any country's stock exchange is bound to collapse, especially Pakistan's, as it is a fact that Pakistan's economy is not up to the level of India or China. It is a fact that Pakistan did not focus on economic reforms and how to make Pakistan an investment-friendly and industrialized nation. This is the reason why Pakistan always has to look towards the IMF program for a bailout package and to pay for its external debt. However, it is also a fact that the Pakistani army is one of the strongest armies in the world. 

In the back drop, US President Donald Trump has announced that both Pakistan and India have agreed to the ceasefire, and now both countries will go back to a normal situation after the Kashmir attack. In a backdrop While 26 Pakistani civilians have been martyred and 46 are injured. This is a blatant violation of international laws and an act of war against Pakistan. India has numerous times violated Pakistan's airspace. However, Pakistan has always given a mature response to India. However, this time, even international media like Reuters are reporting that there have been more than 3 jet crashes in India at different locations, including Punjab.