Pakistan’s stock market staged a powerful rally on Wednesday after the United States and Iran agreed to a two-week ceasefire, with investors cheering the de-escalation and Pakistan’s reported mediation role in the diplomatic breakthrough.
The benchmark KSE-100 Index soared more than 12,000 points within minutes of opening, climbing to 164,035.83 by 9:37am, up 12,362.38 points or 8.15 percent.
Following the sharp rise, the Pakistan Stock Exchange triggered an automatic market halt under exchange regulations after the KSE-30 Index recorded a 5 percent gain from the previous close. Trading was suspended until 10:42am.
Broad-Based Buying Lifts Key Sectors
Strong buying emerged across major sectors, including cement, banking, oil and gas exploration, oil marketing companies and power generation.
Index-heavy stocks such as ARL, HUBCO, MARI, OGDC, PPL, POL, MCB, HBL and UBL all traded firmly in positive territory as investor sentiment improved sharply.
Market participants linked the rally to easing geopolitical fears and expectations of greater regional stability following the ceasefire announcement.
Global Markets Also Advance
The surge followed US President Donald Trump’s announcement that he had agreed to a two-week ceasefire with Iran after talks involving Prime Minister Shehbaz Sharif and Field Marshal Asim Munir.
Trump said the pause reflected progress toward a broader peace framework and came shortly before his deadline for Tehran to reopen the Strait of Hormuz.
Meanwhile, international markets also rallied. Indian equities jumped sharply, with the Sensex and Nifty both gaining more than 3 percent in morning trade.
Asian markets advanced broadly, while crude oil prices fell to around $95 per barrel after the ceasefire reduced fears of further disruption in Middle East energy supplies.
Analysts said easing oil prices and lower geopolitical risk boosted investor confidence across regional financial markets.
Meta description: PSX surges 12,000 points as Iran-US ceasefire triggers investor optimism and global market rally.PSX Surges Over 12,000 Points as Iran-US Ceasefire Sparks Historic Rally
Pakistan’s stock market staged a powerful rally on Wednesday after the United States and Iran agreed to a two-week ceasefire, with investors cheering the de-escalation and Pakistan’s reported mediation role in the diplomatic breakthrough.
The benchmark KSE-100 Index soared more than 12,000 points within minutes of opening, climbing to 164,035.83 by 9:37am, up 12,362.38 points or 8.15 percent.
Following the sharp rise, the Pakistan Stock Exchange triggered an automatic market halt under exchange regulations after the KSE-30 Index recorded a 5 percent gain from the previous close. Trading was suspended until 10:42am.
Broad-Based Buying Lifts Key Sectors
Strong buying emerged across major sectors, including cement, banking, oil and gas exploration, oil marketing companies and power generation.
Index-heavy stocks such as ARL, HUBCO, MARI, OGDC, PPL, POL, MCB, HBL and UBL all traded firmly in positive territory as investor sentiment improved sharply.
Market participants linked the rally to easing geopolitical fears and expectations of greater regional stability following the ceasefire announcement.
Global Markets Also Advance
The surge followed US President Donald Trump’s announcement that he had agreed to a two-week ceasefire with Iran after talks involving Prime Minister Shehbaz Sharif and Field Marshal Asim Munir.
Trump said the pause reflected progress toward a broader peace framework and came shortly before his deadline for Tehran to reopen the Strait of Hormuz.
Meanwhile, international markets also rallied. Indian equities jumped sharply, with the Sensex and Nifty both gaining more than 3 percent in morning trade.
Asian markets advanced broadly, while crude oil prices fell to around $95 per barrel after the ceasefire reduced fears of further disruption in Middle East energy supplies.
Analysts said easing oil prices and lower geopolitical risk boosted investor confidence across regional financial markets.
