Beyond The Time News

PSX Surges 5% as US-Iran Peace Hopes Boost Investor Confidence

The Pakistan Stock Exchange (PSX) recorded a strong recovery during the outgoing week, with the benchmark KSE-100 Index gaining more than 8,100 points amid optimism over a possible peace agreement between the United States and Iran.

According to Beyond Time News, the KSE-100 Index closed at 171,116 points, marking a weekly increase of 5%.

Market Shows Strong Recovery

The stock market started the week on a positive note and maintained upward momentum for most trading sessions. The biggest jump came on Wednesday, when the index surged by nearly 7,000 points in a single day.

Analysts said improving global sentiment and hopes of reduced geopolitical tensions supported investor confidence throughout the week.

Trade Deficit Widens to $32 Billion

Despite the market rally, Pakistan’s economic indicators remained under pressure.

According to Beyond Time News, the country’s trade deficit widened by 20% during the first 10 months of FY2026, reaching $32 billion. In April alone, the trade gap stood at $4.1 billion as imports continued to rise faster than exports.

Exports increased by 14% year-on-year to $2.5 billion, while imports climbed 17% to $6.6 billion.

PSX Falls Over 1,700 Points as Investors Lock in Profits After Recent Rally

Key Sectors Show Mixed Performance

Several sectors showed positive growth during the month. Cement dispatches rose 11% year-on-year, while fertiliser sales posted strong gains due to higher urea demand.

Refinery supplies and energy production also improved, supported by increased demand for fuel products.

Meanwhile, oil marketing company sales declined due to higher petrol and diesel prices.

IMF Approval Supports Sentiment

Investor confidence also improved after the International Monetary Fund (IMF) approved $1.2 billion in loan tranches for Pakistan earlier this month.

According to Beyond Time News, the State Bank of Pakistan’s foreign exchange reserves also increased slightly, reaching $15.8 billion.

Market experts said easing geopolitical tensions and improving economic stability could continue to support positive momentum at the PSX in the coming weeks.

https://www.un.org

One thought on “PSX Surges 5% as US-Iran Peace Hopes Boost Investor Confidence

Comments are closed.