The Pakistan Stock Exchange extended its bullish momentum on Thursday as the KSE-100 Index surged more than 1,480 points during early trading. The benchmark index crossed the 173,000 level, reflecting strong investor confidence and sustained buying pressure across key sectors. The rally highlights renewed optimism in Pakistan’s financial markets amid improving global sentiment.
The KSE-100 Index rose to 173,187.93, gaining 1,483.18 points or 0.86 percent from the previous close. It recorded an intraday high at the same level while touching a low of 171,541.04 during trading. Market participants maintained steady buying interest throughout the session, particularly in blue-chip stocks. Banking, fertiliser, and oil and gas sectors led the upward movement.
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Trading activity remained strong with 238.8 million shares exchanged during the session. The total value of trades reached approximately Rs21.87 billion, showing healthy market participation. K-Electric Limited led the volume chart with heavy trading activity. Analysts said strong liquidity and investor participation supported the overall upward trend.
Market experts linked the rally to easing geopolitical tensions between the United States and Iran. They said hopes of a potential peace agreement boosted global risk appetite and supported emerging markets. Earlier sessions also saw a strong rebound driven by expectations of reduced energy supply disruptions. Investors shifted toward equities amid improving external outlook.
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On Wednesday, the PSX recorded an even stronger rally, with the index gaining nearly 7,000 points in a single session. Analysts described the market behaviour as broad-based and momentum-driven, supported by high volumes and renewed investor confidence. They expect near-term volatility but say sentiment remains positive if global conditions stay stable.