PSX Gains Over 2,000 Points as Bulls Maintain Strong Market Control

Stocks at the Pakistan Stock Exchange (PSX) continued to rise on Wednesday. The market showed strong momentum as the main index climbed by more than 1,900 points. Lower global oil prices and better investor confidence helped support the rally.

The KSE‑100 Index reached 158,189.66 points after gaining 2,012.54 points, which is an increase of 1.29 percent. In the previous trading session, the index had closed at 156,177.12 points, marking one of the largest single day gains in the market.

Investors also felt more confident after the State Bank of Pakistan (SBP) decided to keep the policy interest rate unchanged at 10.5 percent. The decision gave a sense of stability to the market and encouraged investors to take positions again.

Positive signals from global markets also supported the rally. Oil prices moved lower after remarks by Donald Trump, who suggested that tensions in the Middle East might calm soon. This helped reduce concerns about possible disruptions in energy supplies.

Ahfaz Mustafa, CEO of Ismail Iqbal Securities, said falling oil prices, government actions and attractive stock prices are drawing investors back to the market. He explained that the market had earlier dropped more than 20 percent due to uncertainty and conflict. Because of this decline, many shares now look cheaper and offer better dividend returns.

Market analyst Ahsan Mehanti from Arif Habib Corporation said the recovery continued as large investors showed interest in undervalued stocks. He also pointed to encouraging economic data, including 3.3 billion dollars in remittances, which increased by 5.2 percent compared with last year.

He added that the government’s promise to review its agreement with the International Monetary Fund (IMF) and efforts to secure oil supplies during regional tensions also helped support the market.

Meanwhile, stock markets in China and Hong Kong also moved slightly higher. Investors in the region shifted toward safer sectors while showing growing interest in new energy companies.

The Iran conflict appears to be de-escalating and risk assets have continued to rally across the board. Chinese stock indices are riding this wave,” analysts at Huatai Futures wrote in a note.

Meanwhile, shares steadied following a brief retreat in oil prices, but markets remained anxious as contradictory signals from the US-Israeli war on Iran left investors struggling to gauge its impact on global inflation and growth.

A short-lived pullback in oil came after the Wall Street Journal reported that the International Energy Agency has proposed the largest release of oil reserves in its history to bring down crude prices, providing some relief to battered global stocks while currencies and bonds were little changed.

Brent crude futures LCOc1 swung between gains and losses to trade 0.2% higher at $87.89 per barrel, while US crude CLc1 was little changed at $83.47 a barrel, having initially fallen on the news.

Gold Prices in Pakistan Today – Latest Gold Rates – 11 March 2026

The conflict in the Middle East kept investors nervous, as the United States and Israel pounded Iran in what some called the most intense airstrikes of the war, dashing some earlier hopes of an imminent end to hostilities.