The Pakistan Stock Exchange (PSX) staged a sharp recovery on Friday, reversing a three-session losing streak as value-hunting investors returned to the market.
The benchmark index climbed 982 points, signaling a decisive shift in sentiment after days of selling pressure.
Ali Najib of Arif Habib Ltd noted that investor confidence had improved amid the relatively stable geopolitical backdrop.
The rebound was fueled by a combination of stabilizing geopolitical conditions and a decline in international oil prices.
Market participants cited expectations of renewed negotiations between US and Iranian officials as a key driver for the improved risk appetite.
Ali Najib of Arif Habib Ltd noted that investor confidence had improved amid the relatively stable geopolitical backdrop.
This move aligns with a broader regional trend of equity markets recovering as energy-related risks recede.