KSE-100 Index Today June 2026 Gains on US-Iran Deal Hopes
KSE-100 Index Today June 2026 Climbs as US-Iran Talks Lift Market Mood
Islamabad – (Web Desk) – The KSE-100 Index today June 2026 closed on a positive note as fresh hopes of a US-Iran peace deal and falling oil prices pushed investor confidence higher. The benchmark index touched an intraday high of 171,692 points during Friday’s trading session.
The Pakistan Stock Exchange had a strong Friday. The KSE-100 gained nearly 1,989 points, rising 1.17% from the previous close of 169,703. Investors responded quickly to positive global signals, especially news around a possible deal between the United States and Iran.
Independent analyst AAH Soomro explained it simply. He said Trump’s statement about delaying strikes and moving closer to a deal drove positive sentiment. He also noted that lower oil prices give the stock market a daily boost, calling it a “purely sentiment play.”
Friday was also a big day for Pakistan’s economy. Finance Minister Senator Muhammad Aurangzeb presented the federal budget for FY2026-27 before the National Assembly. The total budget outlay is estimated at around Rs17.5 trillion.
The government set a tax revenue target of Rs15.267 trillion. Debt servicing has been allocated Rs7.824 trillion, while the defence budget is proposed at Rs3 trillion. The petroleum levy is expected to generate Rs1.727 trillion.
Analyst AAH Soomro called the budget very important for the long-term direction of the market.
A day before the budget, the government released the Pakistan Economic Survey for FY2025-26. The economy grew at 3.7% this year, slightly below the 4.2% target. Still, the numbers show solid progress.
Per capita income rose from $1,751 to $1,901. The total size of Pakistan’s economy in dollar terms reached $452 billion, up from $408 billion the year before.
Pakistan was not alone in its gains. Asian markets rallied sharply after US President Donald Trump cancelled planned strikes on Iran and said a deal could be signed soon. South Korea’s KOSPI surged 7.8%, Japan’s Nikkei rose 3.6%, and the broader Asia-Pacific index jumped 3.7%.
Oil prices fell to two-month lows. Brent crude dropped 1.8% to $88.76 per barrel after falling nearly 3% the night before.
Iran’s foreign ministry confirmed that most of the agreement text was finalised but said new US demands had created some complications. Talks are still ongoing.
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