Pakistan Stock Market Surges, Investors Reap Millions
According to market details, the rally came after remarks by former U.S. President Donald Trump suggesting that tensions with Iran could ease soon. The statement triggered a positive trend not only in Pakistan but across major Asian stock markets.
On the third trading day of the business week, the benchmark KSE-100 Index jumped by 7,461 points, reaching an impressive level of 156,233 points during early trading.
Due to the extraordinary surge, trading was temporarily halted for one hour.
It is worth noting that in the previous session, the KSE-100 Index had already closed with a gain of 1,900 points at 148,743 points, reflecting sustained investor confidence.
Meanwhile, Asian markets also showed strong performance. South Korea’s Kospi Index rose by over 5.5%, Japan’s Nikkei Index gained nearly 5%, while Hong Kong’s Hang Seng Index increased by around 2%. China’s Shanghai Composite Index climbed approximately 1.5%, and Malaysia’s FTSE Bursa Index recorded a 1% gain.
Analysts believe the positive momentum is driven by easing geopolitical concerns and renewed investor optimism across global markets.