Pakistan Stock Exchange – (Web Desk) – Pakistan Stock Exchange kicked off Friday on a high note. Investors showed strong confidence from the very start. The market was buzzing with energy.
The KSE-100 Index touched a peak of 173,444.89 points. This was a jump of 3,532.94 points or 2.08%. The index also held a low of 170,758.25 during the session.
Before the Juma prayers break, the index climbed over 2,800 points. It reached 172,760.71 points during this period. Bulls clearly had the upper hand.
Experts pointed to Middle East peace talks as the main driver. Investors fear missing out on big gains. They are rushing to buy stocks before any deal is announced.
The KSE-100 Index gained 1,392.01 points on Thursday. It closed at 169,911.95, rising by 0.83%. The session high touched 170,899.16 points.
Pakistan posted a current account surplus of $1.07 billion in March. This was a sharp rise from $231 million in February. Lower trade deficits and strong remittances fueled the growth.
However, the surplus dropped 16% compared to last year. For the first nine months of FY26, the cumulative surplus stood at just $8 million. This compares to $1.674 billion in the same period last year.
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The data followed Pakistan’s receipt of funds from Saudi Arabia, which has helped shore up foreign exchange buffers ahead of an upcoming loan repayment to the United Arab Emirates (UAE).
Meanwhile, Asian stocks headed for a second week of strong gains while oil prices were pinned below $100 a barrel with investors dialling back risk ahead of a crucial weekend that could pave the way for a near-term resolution to the Middle East war.
A 10-day ceasefire between Lebanon and Israel went into effect on Thursday, and President Donald Trump said the next meeting between the U.S. and Iran may take place over the weekend, when their current ceasefire is due to expire.
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