Pakistan Stock Exchange (PSX) extended its rally on Tuesday, gaining over 2,400 points. The surge came as investor confidence improved on hopes of renewed US-Iran talks. The gains reflect stronger sentiment across key sectors and broader market optimism.
The benchmark KSE-100 index traded firmly in positive territory during the session. It reached an intraday high of 175,298.11 before easing slightly. Meanwhile, the index recorded a low of 173,405.57 during trading.
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Buying interest remained strong across major sectors including banks, cement, automobiles, and energy stocks. Oil and gas-related shares also contributed to the upward momentum. Additionally, trading volumes remained high, indicating active investor participation.
Global oil prices declined amid expectations that diplomatic progress could ease supply concerns. Markets reacted positively to the possibility of a second round of US-Iran negotiations. Moreover, lower crude prices supported equity market sentiment locally.
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Analysts said investors are closely watching developments in international talks for further direction. They also noted Pakistan’s improving macroeconomic position and external financing inflows. However, future market trends will depend on sustained buying and global clarity.