The KSE-100 Index at the Pakistan Stock Exchange (PSX) kicked off the week on a strong note, posting significant gains in early trading driven by improving investor sentiment.
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At 9:34am, the benchmark index surged to 166,269.56 points, marking a sharp increase of 3,275.56 points, or 2.01%. The rally was largely fueled by expectations of a potential peace agreement between the United States and Iran, which lifted market confidence.
Investor optimism was further reinforced by hopes of stable global oil prices, prompting broad-based buying across key sectors.
By 2:17pm, the bullish momentum persisted, with the index hovering at 166,006.32, still up by 3,012.15 points. The sustained upward trend reflected continued investor confidence throughout the trading session.
During the day, the market remained firmly in positive territory, with the index reaching an intraday high of 167,245.54 and a low of 164,713.27, indicating active participation and steady demand.
Trading activity remained robust, with total volume recorded at 243,712,274 shares, while the overall market capitalization stood at 18,587,849,461. The previous session had closed at 162,994.17, highlighting a notable improvement in both market performance and investor engagement.
Market analysts noted that geopolitical developments, particularly easing tensions in the Middle East, played a key role in driving the upward trajectory, alongside expectations of economic stability and energy price balance.
