KARACHI, April 16, 2026 — Pakistan’s stock market extended its winning streak on Thursday, with the benchmark KSE-100 index rising for a third consecutive session as investor sentiment strengthened on expectations of renewed US–Iran peace talks.
The index climbed 1,392.01 points, or 0.83%, to close at 169,911.95, according to market data. During intraday trading, the benchmark touched a high of 170,899.16 and a low of 168,941.31, reflecting sustained volatility within an overall bullish trend.
KSE-100 index closing snapshot (April 16, 2026)
| Metric | Value |
| Market Status | Closed |
| Current Index | 169,911.95 |
| Change | +1,392.01 |
| Percent Change | +0.83% |
| High | 170,899.16 |
| Low | 168,941.31 |
| Volume | 405,306,160 shares |
| Previous Close | 168,519.94 |
| Value Traded | Rs33.88 billion |
Analysts at Topline Securities Limited said the market maintained its bullish momentum, driven by optimism surrounding a possible restart of US–Iran negotiations after earlier inconclusive discussions.
They said easing geopolitical tensions have triggered a “risk-on” sentiment, prompting both institutional and retail investors to rebuild positions across key sectors.
Index-heavy stocks led the rally, with major contributions from United Bank Limited, Oil and Gas Development Company Limited, Hub Power Company, Pakistan Petroleum Limited, Engro Holdings, and Fauji Fertilizer Company, collectively contributing more than 1,000 points to the index gain.
Market activity remained strong, with total traded volume reaching 972 million shares and turnover of Rs43.9 billion. Cnergyico Industries led the volume chart with 70.5 million shares traded, highlighting continued retail participation in lower-priced stocks.
Analysts said sustained foreign interest and improving macroeconomic indicators could support further upside, though they cautioned that volatility may persist depending on geopolitical developments.
The three-day rally has now added more than 4,200 points to the benchmark index, reflecting renewed confidence in Pakistan’s equity market amid improving global risk sentiment.
