Stock market soars 3.6% in historic rally

[ad_1] Listen to article KARACHI: Pakistan’s stock market staged a strong recovery in the outgoing week, where the benchmark KSE-100 index surged 4,356 points, or 3.6% week-on-week (WoW), to close at 124,379.06. The rally came after investor sentiment improved sharply following a ceasefire announcement in the Middle East, easing geopolitical concerns and stabilising oil prices. Despite a … Read more

PSX soars as Middle East tensions ease

[ad_1] Listen to article KARACHI: Pakistan Stock Exchange (PSX) skyrocketed over 6,000 points on Tuesday as US President Donald Trump announced a ceasefire between Israel and Iran, bringing an end to regional hostilities. The benchmark KSE-100 index surged at the open, where bullish momentum drove it to the intra-day high of 122,725, up 6,557 points. As the … Read more

Driven by ME ceasefire, PSX soars over 6,000 points

[ad_1] Listen to article KARACHI: Pakistan Stock Exchange (PSX) skyrocketed over 6,000 points on Tuesday as US President Donald Trump announced a ceasefire between Israel and Iran, bringing an end to hostilities in the Middle East region. The benchmark KSE-100 index surged at the open, where bullish momentum drove it to the intra-day high of 122,725, up … Read more