PSX Surges Over 3,000 Points as Investor Optimism Grows on US-Iran Peace Hopes

The Pakistan Stock Exchange (PSX) opened the week on a strong bullish note, with the benchmark KSE-100 index recording a sharp increase during early trading hours. Market sentiment remained highly positive amid growing expectations of a possible peace agreement between the United States and Iran, which boosted investor confidence across multiple sectors.

At 9:34am, the KSE-100 index surged to 166,269.56 points, marking an impressive gain of 3,275.56 points or 2.01%. The rally was largely driven by improved global sentiment and anticipation of diplomatic progress between Washington and Tehran, which investors believe could ease geopolitical tensions in the Middle East.

Additional support came from expectations of more stable global oil prices, encouraging broad-based buying activity in energy-sensitive and cyclical stocks. Market analysts noted that easing oil volatility typically strengthens investor appetite in emerging markets like Pakistan.

By 2:17pm, the upward momentum remained intact, with the index standing at 166,006.32 points, still up by 3,012.15 points compared to the previous session’s close. This sustained performance reflected consistent investor participation throughout the trading day.

During the session, the market touched an intraday high of 167,245.54 points, while the lowest level recorded was 164,713.27 points, indicating strong intraday volatility but overall bullish sentiment.

Trading activity also remained robust, with total volume reaching 243,712,274 shares. The overall market turnover was recorded at 18.58 billion, showing healthy liquidity and renewed investor interest.

The PSX had closed the previous session at 162,994.17 points, making today’s performance a significant upward shift in market direction and sentiment. Analysts suggest that continued geopolitical clarity and macroeconomic stability will be key to sustaining this momentum in the coming sessions.