KSE-100 surges over 800 points as Iran-US diplomatic progress lifts risk appetite

Pakistan's benchmark index rallied sharply on Monday, joining a broader Asian equity rebound fueled by de-escalation signals between Washington and Tehran.

By Handelsavisen Newsroom · Automated 2026-06-22 05:23 UTC · 1 min read

The Pakistan Stock Exchange (PSX) benchmark index, the KSE-100, surged more than 800 points in early Monday trade, pushing the index above the 179,765 level.

The sharp rally was driven by renewed investor optimism following reports of progress in peace talks between the United States and Iran.

Earlier in the session, equities across the region posted broad gains, with Japan’s Nikkei 225 climbing more than 5% to a new record high.

The move in Karachi mirrored a broader risk-on sentiment across Asian markets.

Earlier in the session, equities across the region posted broad gains, with Japan’s Nikkei 225 climbing more than 5% to a new record high.

The collective surge reflects a rapid repricing of geopolitical risk as markets digest the potential for a diplomatic resolution to the longstanding tensions between the two nations.

For emerging markets like Pakistan, the de-escalation signal is particularly significant.