US-Iran deal lifts PSX: Can stocks break 192,000 points?
PSX gained nearly 4% last week. What could drive the market beyond its previous 192,000 peak?
Moiz Ur-Rehman
Shahbaz Ashraf
Business Consultant
Seasoned Investment Professional | CFA | 17+ Years of Experience in Equity Research, Valuation & Advisory Seasoned investment professional with over 17 years of experience in equity research, financial analysis, valuations, and investment advisory—primarily focused on financial services firms, including equity brokerages, asset management companies, and family offices. Skilled in financial modeling, portfolio management, and evaluating multi-asset investment opportunities. Known for delivering data-driven insights and actionable strategies tailored to both institutional and private clients. Holds a BBA and MBA in Finance from the Institute of Business Management (IoBM), Karachi, and is a Chartered Financial Analyst (CFA).
The US–Iran deal has finally materialized, triggering a sharp correction in international oil prices and helping boost market sentiment this week.
Investor confidence was further supported by the State Bank of Pakistan’s decision to maintain the policy rate, alongside a better-than-expected current account surplus. As a result, the PSX gained nearly 4% over the week.
However, with the market now trading above pre-war levels and valuations approaching historical averages, the key question is whether further upside remains.
In this latest episode of Stock Watch, powered by Chase Securities, we explore the catalysts that could drive a further valuation re-rating and what it would take for the market to surpass its previous all-time high of 192,000 points.








Comments
See what people are discussing