PSX Surges Amid Optimism Over Possible US Iran Deal

ISLAMABAD: (Web Desk) – Pakistan Stock Exchange continued its bullish momentum on Thursday as investor confidence strengthened following growing optimism over a possible peace agreement between the United States and Iran.

During the early trading session, the benchmark KSE-100 Index climbed by 2,860.47 points, or 1.74 percent, reaching 167,691.89 points compared to the previous closing level of 164,831 points.

Market analysts linked the strong rally to easing geopolitical tensions after Donald Trump signaled that Washington would wait several days for Iran’s response before making a final decision on a potential agreement.

KSE-100 Index Today Live: PSX Drops 1,600 Points

Speaking to the media, Trump described Iranian negotiators as “reasonable” and stated that Tehran appeared interested in reaching a deal due to mounting economic and social challenges inside the country.

The US president also warned that military action remained an option if negotiations failed, although he stressed there was no immediate urgency. Trump further suggested that the Strait of Hormuz could reopen if diplomatic progress continues.

He added that Iran had suffered significant setbacks in recent months and said the coming days would determine the direction of the talks.

Meanwhile, Iranian officials confirmed receiving fresh proposals from the United States and stated that the offers are currently under review.

Separately, Mohsin Naqvi is currently in Tehran, where he is reportedly assisting efforts aimed at facilitating communication between both sides.