Pakistan Stock Market Surges Over 2,200 Points After Trump Suspends Iran Strike Plans
KARACHI — Pakistan’s benchmark KSE-100 index surged 2,248 points on Tuesday after U.S. President Donald Trump announced a temporary halt to planned military strikes against Iran, easing geopolitical tensions across the region.The index climbed to 164,053 points, reflecting a sharp boost in investor confidence as fears of a broader Middle East conflict subsided. The Pakistani…
KARACHI — Pakistan’s benchmark KSE-100 index surged 2,248 points on Tuesday after U.S. President Donald Trump announced a temporary halt to planned military strikes against Iran, easing geopolitical tensions across the region.
The index climbed to 164,053 points, reflecting a sharp boost in investor confidence as fears of a broader Middle East conflict subsided. The Pakistani rupee also edged higher, with the dollar slipping three paisas to Rs. 278.57 in the interbank market, compared to Monday’s closing rate of Rs. 278.60.
Analysts attributed the rally to reduced regional risk sentiment, noting that Pakistani equities are particularly sensitive to tensions involving neighboring Iran. The market’s strong response signals growing optimism among investors that diplomatic channels may prevail.
