PSX KSE-100 index surges over 2,200 points on easing geopolitical tensions

At a glance

PSX KSE-100 index gained over 2,200 points in Monday's intraday trade.
The rally is linked to easing US-Iran tensions and a fall in global oil prices.
The market's positive start to August follows a 2.3% decline in July.

Story so far

The Pakistan Stock Exchange saw a significant rally on Monday, with the benchmark KSE-100 index gaining over 2,200 points in morning trade. The surge is attributed to easing geopolitical tensions following an announcement of renewed talks between the US and Iran, which also caused global oil prices to fall. This positive momentum comes after the market ended July with a 2.3% loss, largely due to the same regional tensions.

Latest development

The KSE-100 index surged by 2,273.78 points in intraday trading on Monday, rising from a previous close of 176,094.11. The rally is attributed to easing geopolitical tensions between the US and Iran.

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Dawn News46 days ago

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46 days ago

Bulls in charge as PSX opens week by gaining 2,000 points during intraday trade

The Pakistan Stock Exchange (PSX) opened the week in the green, gaining more than 2,000 points during intraday trade. At 11am, the benchmark KSE-100 index had gained 2273.78 points, from the previous close of 176,094.11 points. The development came a

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