Pakistan stocks surged Monday with the benchmark index nine percent higher after a weekend ceasefire agreement with neighbour India following days of confict. The benchmark KSE-100 Index opened at 117,

Following the ceasefire between India and Pakistan, Chinese defence stocks are seeing significant selling pressure on Tuesday.

Indian shares logged their best session in more than four years on Monday, surging nearly 4% in a broad-based relief rally after the country reached and held a fragile ceasefire with Pakistan over the weekend after days of cross-border clashes.