Investor confidence rises after budget measures and easing geopolitical tensions lift market sentiment.
Image: The News Pakistan
The Pakistan Stock Exchange (PSX) rallied sharply on Monday as investors reacted positively to budget reforms and reports of a preliminary US–Iran agreement.
The benchmark KSE-100 index surged more than 3,000 points, reflecting strong buying across major sectors.
Early trading showed broad-based gains in banks, cement, fertiliser, and energy stocks as sentiment turned bullish.
Market optimism was driven by easing geopolitical tensions and expectations of improved global oil stability following developments in US–Iran talks.
The index touched intraday highs above 176,000 points before fluctuating slightly later in the session.
Trading activity remained strong with high volumes and turnover, indicating renewed investor participation.
Overall sentiment stayed positive as markets priced in both fiscal reforms and improving international conditions.
