KSE-100 climbs to 168,514 amid US-Iran optimism and global cues.
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The KSE-100 Index jumped 3,683 points (+2.23%) to close at 168,514 on Thursday, driven by a broad-based relief rally. Positive global cues and falling oil prices boosted investor sentiment.
Trading activity increased, with 270 million shares exchanged, signaling healthier participation after muted sessions. Sector gains were widespread, led by commercial banks, fertilisers, cement, E&Ps, and power companies. Top movers included UBL, FFBL, FCCL, HUBC, HBL, ENGROH, PPL, OGDC, and NBP, while BOP, KEL, and TRG led volumes.
Sentiment was supported by crude oil falling toward $105/bbl, following reports of a possible US-Iran draft understanding within 24–48 hours. Positive cues from Asian and US markets further encouraged local risk appetite.
Looking ahead, the market remains headline-driven, with direction likely influenced by US-Iran developments, Strait of Hormuz tensions, oil prices, and foreign and local investor sentiment.
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