Times of Pakistan

PSX, global markets surge after Trump’s statement on Iran war

1 month ago 5
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The benchmark KSE-100 index surges by 7,461 points to reach 156,204

KARACHI: (UrduPoint/UrduPoint / Pakistan Point News-April 1st, 2026) Global equity markets, including Pakistan’s, recorded a sharp rally during trading on Tuesday after US President Donald Trump announced plans to step back from the Iran conflict.

At the pakistan stock exchange (psx), trading opened on a positive note, with the benchmark KSE-100 index surging by 7,461 points to reach 156,204. The KSE-30 index also posted a significant gain of 2,390 points, closing at 47,422.

During intraday trading, the KSE-30 index climbed by 5.02 per cent, triggering a temporary suspension of trading for 45 minutes as per market circuit-breaker rules.

Trading resumed at 1:09 pm after the halt.

In the international markets, the Dow Jones Industrial Average had already closed in positive territory the previous day, gaining 2.49 per cent following the announcement.

Asian markets also showed strong bullish sentiment, with Japan’s Nikkei index jumping nearly 9 per cent. Other regional indices, including Hong Kong’s Hang Seng and India’s Nifty 50, along with major European markets, also traded higher amid improved investor confidence.

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