The KSE-100 index continued its encouraging recovery on March 18, 2026, surging more than 3,600 points during intraday trade and climbing above the 153,000 level. By 12:06 pm, the benchmark had gained 3,619.38 points, or 2.41 percent, to reach 153,635.54 from the previous close of 150,016.16.
This positive momentum comes after a volatile week when the index slipped below 150,000 points amid rising global oil prices and border tensions with Afghanistan. On Tuesday, the market had already snapped a four-day losing streak and closed in the green, showing renewed investor confidence. Analysts noted that stable oil prices and positive regional trends provided support, though trading remained cautious as investors waited for clearer signals.
Volatile session at PSX: The KSE-100 surged to 151,503 early, plunged to 148,509, then recovered to close at 150,016 (+0.56%).
Muted volumes suggest cautious investor sentiment despite support from stable oil prices and positive regional cues.
Gains were led by MCB, UBL, HUBC,…
— Adeel Afzal (@AdeelAfzal06) March 17, 2026
Key Highlights
- KSE-100 index rose 3,619.38 points (2.41 percent) to 153,635.54 by 12:06 pm on March 18.
- Recovery follows Monday’s drop below 150,000 points due to Middle East conflict and Afghanistan border tensions.
- Tuesday’s gain ended a four-day losing streak and lifted the index back above the 150,000 mark.
- Trading activity stayed subdued as investors remained watchful amid global uncertainties.
- Brent crude climbed 2.59 percent to $102.81 a barrel and US crude rose 2.28 percent to $95.63.
Market Shows Resilience After Volatile Week
The latest surge reflects the underlying strength of Pakistan’s stock market even in the face of external pressures. After sharp declines earlier in the week caused by the Iran conflict and resulting oil price spikes, investors appear to be regaining confidence. Topline Securities noted that the rebound was helped by relatively stable oil prices and encouraging trends in regional markets, though overall volumes remained moderate.
Outlook Tied to Global Oil and Policy Moves
The ongoing Middle East situation continues to influence sentiment, with oil prices rising sharply and the State Bank of Pakistan expected to adjust its policy rate in response to potential inflation pressures. Despite these challenges, the KSE-100’s ability to recover quickly highlights the market’s maturity and the confidence of local investors in Pakistan’s long-term economic fundamentals.
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While global factors remain a concern, the steady recovery signals that domestic investors are focusing on opportunities rather than panic. The government continues to monitor the situation closely and is taking steps to ensure economic stability.
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