Karachi, April 10 Easing geopolitical tensions led to a gain of 1,400 points in the Pakistan Stock Exchange (PSX) KSE-100 Index on Friday, bringing it to around 166,961 points.
Strong trading activity pushed the index to a high of 168,290 during the day before settling in positive territory, reflecting the restoration of investor confidence due to the easing geopolitical tensions.
Pakistan has increased security in its national capital as it prepares to host high-stakes talks – brokered by Islamabad – between the US and Iran, three days after a conditional ceasefire was announced following more than five weeks of hostilities.
Financial analysts said that the market volume stood at approximately 181.6 million shares with a traded value of 17.76 billion Pakistani rupees (PKR).
Sectors such as textiles, fertilizers, oil and gas, along with banks, saw significant activity, with several stocks posting healthy gains.
Following the ceasefire agreement between Iran and the US, the index surged by over 14,000 points, the largest single-day gain in PSX history, on Wednesday.
Analyst Kaukab Farshori of Capital Investments said that a report by the Asian Development Bank (ADB) on Friday also boosted confidence in the market.
The ADB report said that Pakistan's economy is expected to grow by 3.5 per cent in the fiscal year 2026 and 4.5 per cent in FY2027, as a recovery in manufacturing and rising investment sustained momentum following stabilization in FY2025.
"The micro-economic trends and Pakistan's growing importance in global peace developments are positive for the market," he said.