Pakistan Stock Market Soars 5,448 Points, KSE-100 Closes at Record 179,335

The Pakistan Stock Exchange (PSX) witnessed a massive rally on Tuesday, with the benchmark KSE-100 Index surging by 5,448.56 points, or 3.13 per cent, to close at 179,335.24 points.

The index maintained strong upward momentum throughout the trading session, touching an intraday high of 179,424.04 points as investor confidence strengthened across major market sectors.

Market activity remained broadly positive, with 363 companies recording gains, 107 declining and 31 closing unchanged out of 501 actively traded companies on the Ready Market. The market's total capitalisation also increased significantly to Rs19.397 trillion.

The strong rally was driven by improving global sentiment following remarks that eased concerns over an imminent military escalation between the United States and Iran.

The easing of geopolitical tensions also contributed to a decline in international crude oil prices, raising expectations of reduced inflationary pressures and providing further support to Pakistan's equity market.

Heavy buying was witnessed across major sectors, including commercial banking, fertilisers, cement and energy. Index-heavy stocks, particularly Oil and Gas Development Company (OGDC), Pakistan Petroleum Limited (PPL), Mari Petroleum and United Bank Limited (UBL), attracted strong investor interest.

The latest surge reflects renewed optimism among investors, with the benchmark index approaching the psychologically significant 180,000-point level.