KARACHI: The Pakistan Stock Exchange (PSX) continued its remarkable rally on Wednesday, with all major indices sustaining strong gains as investors cheered a Pakistan‑brokered ceasefire between the United States and Iran — acknowledged by the United Nations and welcomed by world leaders — alongside easing oil prices and hopes of inflation relief.
By mid‑session, the benchmark KSE‑100 Index had surged 11,586 points (7.10%) to 163,260, while the KSE‑30 advanced 3,642 points (7.35%). The All‑Share Index climbed 6,209 points (6.40%), the KMI‑30 rose 16,919 points (7.09%), and the Banking Index gained 3,362 points (7.47%), underscoring broad‑based strength across sectors.
Market breadth remained overwhelmingly positive, with 413 symbols advancing against 27 declines, while 125 stayed unchanged. Trading volume swelled to 312 million shares, with a value of Rs18.4 billion across 109,879 trades, reflecting heightened investor activity as the exchange remained open.
Analysts said the rally was underpinned by a rare alignment of geopolitical and economic tailwinds. The US-Iran ceasefire breakthrough, coupled with falling global oil prices and the reopening of the Strait of Hormuz, has reassured investors about Pakistan’s external position. Domestic traders voiced optimism that easing inflationary pressures could bolster consumer demand and corporate earnings, further strengthening sentiment.
The advance–decline ratio and sustained momentum, analysts added, highlight renewed investor faith in Pakistan’s economic trajectory, turning the PSX into a symbol of collective optimism.
