The KSE-100 index stood at 177,882.99 in Monday trading, up 716.47 points or 0.40 per cent (Pakistan Stock Exchange).
This is an intraday reading, not a close. The Pakistan Stock Exchange trades until 3:30pm Pakistan time, and the figure above was taken while the session was still open. The closing level may differ.
It reconciles against Friday’s close of 177,166.52, which itself was up 574.76 points.
The wider board
The advance was broad. The all-share index was up 467.05 points at 108,108.70, a gain of 0.43 per cent — again slightly ahead of the KSE-100 in percentage terms, indicating the move extended beyond the largest companies. The KSE-30 was up 262 points at 52,933.03.
The band above
If the level holds, the index is once more approaching the 178,000 to 180,000 range that analysts have identified as resistance and which has capped it repeatedly this month.
Thursday’s intraday high of 178,291.37 reached the lower edge of that zone and did not hold. Monday’s reading leaves roughly 120 points to the same threshold.
Two consecutive advancing sessions have now recovered the ground lost in Thursday’s 254.59-point decline and added to it.
What is moving underneath
The market is trading against an unusually specific event risk. US Treasury Secretary Scott Bessent details new Iran sanctions at 1800 GMT on Monday, and Tehran has threatened to halt all Gulf oil exports in response.
Pakistan imports the overwhelming majority of its crude, and the Strait of Hormuz disruption is already the reason petrol stands at Rs341.59 a litre.
Field Marshal Asim Munir is in Tehran the same day.
