The Pakistan Stock Exchange witnessed a strong rally on Wednesday, with the benchmark KSE-100 Index jumping over 4,300 points following reports that Pakistan is set to lead upcoming US-Iran peace talks.
The KSE-100 Index surged by 4,310 points, or 2.8 percent, reaching 158,276 points compared to 153,966 points in the previous session. However, during mid-session trading, the index slightly pulled back to 157,230 points, still maintaining a gain of 3,263 points or 2.12 percent.
Market activity remained strong, with around 268.8 million shares traded, amounting to a total value of Rs. 20.5 billion by early afternoon. Out of 567 companies that participated in trading, 384 recorded gains, while 83 declined and 100 remained unchanged indicating broad-based positive sentiment.
Analysts attribute the rally to improved investor confidence driven by geopolitical developments, particularly expectations surrounding Pakistan’s diplomatic role in easing tensions between the United States and Iran. Such developments are often seen as positive for regional stability and economic outlook.
Among the most active stocks, Unity Foods (UNITY) led the volumes, followed by K-Electric (KEL) and Nishat Chunian Power (NCPL), reflecting heightened investor interest across multiple sectors.
This remains an intraday update, and market performance may fluctuate further depending on evolving news and investor sentiment.
