KSE-100 surges 4,600 points as US-Iran peace deal lifts investor sentiment

The Pakistan Stock Exchange (PSX) witnessed a strong bullish session on Monday, with the benchmark KSE-100 Index gaining over 4, 600 points, as investor sentiment improved amid easing geopolitical concerns following the announcement of a US-Iran peace deal. During the trading session, the index remained volatile during the early hours of trading, opening on a positive note before witnessing profit-taking that dragged it to an intraday low of 175, 085. 79 points. However, buying momentum strengthened in the second half of the session, allowing the benchmark to recover sharply and hit an intraday high of 177, 176. 72 points. At close, the benchmark index settled at 177, 039. 82, up by 4, 639. 92 points or 2. 69%. The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) decided to keep the policy rate unchanged at 11. 5%. During the previous week, the benchmark KSE-100 Index gained 1. 1% despite sharp volatility and briefly falling below the key 170, 000-point level, as easing tensions between the United States and Iran and declining international oil prices improved investor sentiment and revived risk appetite. The benchmark KSE-100 Index advanced 1, 921 points, or 1. 13%, on a week-on-week basis to settle at 172, 399. 90 points On Friday, Finance Minister Muhammad Aurangzeb unveiled Pakistan’s federal budget for fiscal year 2026-27, with the government seeking to achieve GDP growth of 4% and inflation at 8. 2%.

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