PSX opens strong as KSE-100 gains over 3,500 points

KARACHI – The Pakistan Stock Exchange (PSX) opened on a positive note on Monday as investors are closely assessing the ongoing talks between the US and Iran, and easing oil prices in international market. The KSE-100 index rose by 3,536379 points, or 2.17 percent, to reach 166,530.96. During early trading, the index touched a high of 166,874.78 and a low of 164,713.27, with a total trading volume of 54,151,972 shares. The market value of traded shares stood at 3,907,783,681, reflecting strong investor activity compared to the previous close of 162,994.17. In previous session, the benchmark KSE-100 Index witnessed a bearish trend on Thursday, losing 2,829.70 points, a negative change of 1.71 percent, closing at 162,994.17 points. During the session, the ready market recorded a trading volume of 837.371 million shares with a traded value of Rs 36.345 billion, compared to 1,087.439 million shares valuing Rs 39.547 billion in the previous session. The market capitalization decreased to Rs 18.022 trillion from Rs 18.336 trillion a day earlier. On the other hand, oil prices slipped on Monday (4 May 2026) after US President Donald Trump announced plans to assist stranded ships in the Strait of Hormuz, though uncertainty over a US-Iran peace agreement kept crude above $100 a barrel. Brent crude dropped 64 cents, or 0.6%, to $107.53 per barrel by 2308 GMT, following a $2.23 decline on Friday. Meanwhile, U.S. West Texas Intermediate (WTI) fell 84 cents, or 0.8%, to $101.10 a barrel, after losing $3.13 in the previous session.