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Pakistan Stock Exchange Jumps Over 5,000 Points as US‑Iran Tensions Ease
The benchmark KSE‑100 index on the Pakistan Stock Exchange surged by more than 5,000 points in early trading on Monday, climbing from 171,021 points to around 176,090 points, a gain of roughly 2.6%. The rally was attributed to a temporary pause in hostilities between the United States and Iran, which eased regional geopolitical risk and lifted investor confidence.
Global oil prices also fell sharply, with Brent crude sliding below $90 a barrel and U.S. WTI trading near $85.5 a barrel, further supporting the market’s optimism. Analysts noted that the reduced tension could restore normal shipping through the Strait of Hormuz, easing fears of supply disruptions. Despite expectations of no immediate change, the State Bank of Pakistan is seen as likely to keep its benchmark policy rate unchanged at its upcoming Monetary Policy Committee meeting.
The index had suffered a 2.7% decline the previous week, losing 4,782 points amid heightened US‑Iran tensions and rising oil prices, making the current rebound a marked reversal of sentiment.
Entities
Iran · KSE-100 Index · Pakistan Stock Exchange · State Bank of Pakistan · United States
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] International oil prices fell, with Brent crude dropping below $90 per barrel and WTI around $85.45 per barrel.
- [○ 1 SOURCE] Analysts expect the State Bank of Pakistan to keep its benchmark policy rate unchanged at the upcoming MPC meeting. theneutral.pk
- [● 2 SOURCES] The rally was driven by a pause in military strikes between the United States and Iran. theneutral.pk
- [○ 1 SOURCE] Investors' confidence rose, leading to a 2.6% increase in the KSE-100 index.
- [● 2 SOURCES] Easing tensions are expected to allow normal shipping through the Strait of Hormuz, reducing concerns about oil supply disruptions. theneutral.pk
- [● 2 SOURCES] The KSE-100 index rose by more than 5,000 points to about 176,090 points on Monday. theneutral.pk
- [○ 1 SOURCE] Awais Ashraf, director of research at AKD Securities, commented that investor sentiment strengthened after signs of diplomatic negotiations between Washington and Tehran. theneutral.pk
- [○ 1 SOURCE] The KSE-100 index had fallen 2.7% the previous week, losing 4,782 points amid heightened US‑Iran tensions.