Karachi, Pakistan – Web Desk: Pakistan’s stock market staged a strong recovery on Tuesday, with the benchmark KSE-100 Index surging past the 164,000-point mark amid renewed investor confidence.
The index climbed sharply by 3,903 points during intraday trading, reaching 164,663 points after earlier touching levels of 164,322 and 164,494 points, reflecting a broad-based buying trend across sectors.
The rebound follows a volatile start to the trading week, when the market opened with a steep decline of nearly 4,795 points, pushing the index down to around 162,396 points. Continued selling pressure later dragged the index further to 161,757 points during previous sessions.
Market participants attributed the latest surge to improved investor sentiment, supported by easing geopolitical concerns, particularly optimism surrounding ceasefire developments and diplomatic engagement linked to U.S.-Iran talks.
Stability in global oil prices and positive cues from regional Asian markets also contributed to the recovery, helping restore confidence after recent sharp losses.
Analysts caution that while the rebound signals resilience in Pakistan’s equity market, volatility may persist in the near term due to ongoing global uncertainties.
