The Pakistan Stock Exchange (PSX) benchmark KSE-100 index opened the week with significant upward momentum, climbing more than 4,000 points during early trade.
The sharp advance marks a continuation of the positive trajectory that has characterized the market in recent sessions, following a dramatic turnaround earlier in the week that saw the index surge over 2,500 points to end a two-day losing streak. The subsequent trading day also saw strong gains, with the index rising nearly 1,700 points to hover around 182,945.
Market participants attribute the sustained rally to a combination of easing geopolitical tensions and a notable decline in global oil prices.
Lower energy costs are expected to provide relief to Pakistan’s trade balance and inflationary pressures, while reduced regional risk premiums are encouraging foreign and domestic investor participation.
Mettis Global highlighted these factors as key drivers behind the current market sentiment.
The PSX has demonstrated resilience in recent weeks, with the benchmark index recovering from previous losses to establish a new upward trend.
The current session’s performance suggests that investor confidence is strengthening, supported by favorable external conditions.