US-Iran ceasefire triggers massive rally at PSX, index surges over 12,000 points

Rally comes after US President Donald Trump announced a halt to attacks on Iran

KARACHI: (UrduPoint /UrduPoint / Pakistan Point News-April 8th, 2026) The pakistan stock exchange (PSX) witnessed a sharp surge in trading on Wednesday following a two-week ceasefire agreement between the United States and Iran amid tensions in the middle East.

The rally came after US President Donald Trump announced a halt to attacks on Iran, after mediation efforts by Pakistan. The development fueled positive sentiment not only in Pakistan but also across global financial markets.

On the third day of the business week, the benchmark KSE-100 Index jumped by more than 12,000 points at the start of trading, reflecting strong investor confidence.

Following the sharp rise, trading at the psx was temporarily suspended and later resumed at 10:42am.

The KSE-100 Index climbed by 12,362 points to reach the 164,000 level during intra-day trading.

Meanwhile, global markets also showed an upward trend. Japan’s Nikkei 225 rose by 5 percent to 55,960 points, while New Zealand’s DJ index gained 2.5 percent and Australia’s ASX index increased by 2.65 percent.

It may be mentioned here that both the United States and Iran accepted Pakistan’s proposal for a two-week ceasefire, following which Iran also decided to allow vessels to pass through the strategic Strait of Hormuz.