PSX gains close to 14,000 points amid investor glee over US-Iran ceasefire

The Pakistan Stock Exchange witnessed a massive rally as the benchmark index surged close to 14,000 points during intraday trading, driven by strong investor optimism following the United States–Iran ceasefire.

Market data showed the KSE-100 Index jumping over 12,000 points within minutes of opening—one of the biggest single-day gains in history—triggering a temporary market halt under exchange regulations due to extreme volatility.

Analysts attributed the surge to easing geopolitical tensions after the ceasefire agreement and the reopening of key routes like the Strait of Hormuz, which significantly improved investor sentiment. Heavy buying was observed across major sectors including banking, oil and gas, and cement.

Experts noted that while the rally reflects renewed confidence and relief in global markets, sustainability will depend on the durability of the ceasefire and broader economic stability.