Karachi, Pakistan – Web Desk: Pakistan Stock Exchange (PSX) opened the trading session in positive territory on Monday, with the KSE-100 index surging over 1,200 points following the conclusion of the first session of US-Iran talks in Switzerland .
At the start of the first trading day of the week, the KSE-100 index gained 1,223 points, reaching the psychological level of 180,500 points . The upward momentum reflects renewed investor optimism over the diplomatic progress between Washington and Tehran .
The market had closed lower last week, with the KSE-100 index declining by 2,475 points to settle at 178,922 points . During the previous session, the index recorded an intraday high of 182,185 points and a low of 177,836 points .
The positive opening comes as Pakistan and Qatar mediated the first high-level talks between the US and Iran in Switzerland, with both sides agreeing on a 60-day roadmap toward a final peace agreement. Investors are optimistic that the reopening of the Strait of Hormuz and the lifting of the US naval blockade could stabilize global energy markets and positively impact Pakistan’s economy.
