Pakistan’s stock market rallied sharply on Tuesday, with the benchmark index returning to the 177,000 level, up more than 3,000 points in early trade.

The Pakistan Stock Exchange (PSX) saw heavy buying activity at the start of the second trading day of the week, pushing the index up to 177,421 points. On the last trading day of the previous week, the market had closed at 173,886 points.

The latest rally marked a strong recovery that lifted the benchmark index back above the 177,000-point threshold.

Pakistan will host the 30th meeting of the Council of Foreign Ministers of the Economic Cooperation Organization (ECO).

According to diplomatic sources, the meeting will be held in Islamabad from November 15 to 16, but Pakistan has not invited the Afghan Taliban government to attend the meeting. A senior State Department official also confirmed that the Afghan Taliban government has not been invited, the source said.

Diplomatic sources said that Pakistan is the chairman of the ECO Foreign Ministers Council for 2026-2027. The meeting is expected to discuss important issues including regional trade, economic cooperation and promotion of mutual contacts among member countries.

On the other hand, the meeting will also review new possibilities for strengthening economic ties and joint cooperation in the region.

Trump’s meeting with Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani reportedly took place around noon on Monday and lasted about 45 minutes.

The president also talked about the US blockade of Iranian ports in the Strait of Hormuz.

“We’ll see where it goes,” he said in a brief phone interview. “I’m prepared,” he added.