US-Iran Peace Prospects Ignite Record Surge in Pakistan Stock Exchange

The prospect of a US-Iran peace deal sparked a remarkable bullish trend in Pakistan's Stock Exchange, with the KSE 100-Index jumping 7,000 points. The news led to a surge in new investor accounts, particularly from Gen Z, and a notable increase in private citizen investment limits.

The anticipation of a peace agreement between the United States and Iran led to a significant surge in the Pakistan Stock Exchange (PSX), marking an extraordinary bullish trend on Wednesday.

The KSE 100-Index leapt by an impressive 7,000 points following the announcement by US President Donald Trump to halt Project Freedom in the Strait of Hormuz. This unexpected rise reclaimed eight key psychological levels, pushing the index to 172,052 points from its initial 165,000

According to Kaukab Farshori, a Financial Analyst at Capital Investment, the anticipation around the possible peace deal invigorated both investors and brokers, with PSX data revealing record-breaking new account openings in April. Gen Z investors, particularly, are seizing the opportunity to engage in the stock market as the total number of investor accounts surpassed 545,000. Farshori also noted the increase in the investment limit for private citizens from 1 to 3 million rupees as a contributing factor.