KARACHI (Dunya News) – The Pakistan Stock Exchange (PSX) witnessed a strong bullish rally on Monday, with the benchmark index gaining 4,639 points following reports of an Iran–US agreement, which boosted investor confidence and triggered widespread buying across sectors.
At the start of the trading session, the market showed a sharp upward trend, with the KSE-100 index jumping by more than 4,500 points, reaching 176,917 points during intraday trading. Optimism continued throughout the session, driven by improving global sentiment and easing geopolitical concerns.
By the close of the business day, the benchmark index settled at 177,039 points, marking a gain of 4,639 points compared to the previous session’s close of 172,399 points. Analysts said the strong upward movement reflected renewed investor appetite and positive external cues.
Market participants linked the rally to developments surrounding the reported Iran–US understanding, which has improved risk sentiment across global financial markets. Investors responded positively to expectations that reduced regional tensions could stabilise energy markets and strengthen economic outlooks.
The bullish momentum was not limited to Pakistan, as Asian equity markets also recorded significant gains. South Korea’s KOSPI index surged by 5.27 percent, while Japan’s Nikkei index climbed more than 5 percent during the trading session.
In Southeast Asia, Indonesia’s Jakarta Composite Index rose by around 2 percent, reflecting broad-based optimism across regional markets. Meanwhile, China’s Shanghai Composite Index gained around 1 percent, and Hong Kong’s Hang Seng Index also posted modest increases.
Financial analysts noted that easing geopolitical uncertainty typically encourages global investors to shift towards equities, particularly in emerging markets like Pakistan. They added that expectations of improved oil supply stability may also support investor sentiment in the region.
Despite the strong rally, experts cautioned that market volatility could continue depending on the final outcome and implementation of the Iran–US agreement, as well as broader macroeconomic indicators.
The PSX performance marks one of the strongest single-day gains in recent weeks, highlighting the sensitivity of Pakistan’s financial markets to global geopolitical developments.