KSE-100 rises 1,674 points on optimism over US-Iran talks

Pakistan Stocks - APP

KARACHI, April 10 – Pakistan’s benchmark stock index surged on Friday, buoyed by investor optimism over potential diplomatic progress between the United States and Iran, which could ease geopolitical tensions in the Middle East.

The KSE-100 Index closed higher by 1,673.86 points, or 1.01%, to settle at 167,191.37, according to data from the Pakistan Stock Exchange.

Market participants said the rally was driven by improved investor sentiment amid expectations that ongoing talks between Washington and Tehran could reduce regional uncertainty, a key factor influencing global and local markets.

KSE-100 Market Summary (April 10, 2026)

IndicatorValue
Market StatusClosed
Current Index167,191.37
Change+1,673.86
Percent Change+1.01%
Day High168,290.28
Day Low166,221.33
Previous Close165,517.51
Volume452,222,660 shares
ValueRs38.18 billion

Analysts at Topline Securities Limited said the index extended its upward momentum, supported by strong buying in banking, cement and energy stocks.

Major contributors to the index gains included MCB Bank, Bank of Punjab, United Bank Limited, Lucky Cement, Oil and Gas Development Company and Habib Bank Limited, which collectively added around 616 points.

In terms of trading activity, OGDC, DG Khan Cement, Maple Leaf Cement, UBL and BOP led the market by value.

Overall market activity remained robust, with total traded volume reaching 854 million shares and turnover clocking in at Rs46.4 billion.

Analysts expect the market to remain sensitive to geopolitical developments and macroeconomic indicators, with investor sentiment likely to be influenced by progress in international negotiations and domestic economic stability.