PSX Surges as KSE-100 Gains Over 1,900 Points

Date:

Karachi, Pakistan – Web Desk: The Pakistan Stock Exchange witnessed a strong bullish trend on the last trading day of the week, following easing tensions in the Middle East after the ceasefire.

During early trading, the KSE-100 Index surged by more than 1,900 points, gaining 1.17% to reach 167,449 points, reflecting renewed investor confidence.

Market analysts attribute the rally to improved regional stability, as geopolitical risks began to ease after recent developments in the Middle East.

Meanwhile, Asian stock markets also showed a positive trend, with benchmark indices in countries like Japan, South Korea, and Indonesia rising by around 2%. Markets in India and Vietnam posted gains of about 1%, while Shanghai and Hong Kong indices also remained in positive territory.

Experts believe that if the ceasefire holds, the PSX could maintain its upward momentum in the coming sessions.

admin
adminhttps://dailyeveningnews.pk
Daily Evening News is a trusted digital news platform delivering breaking news, latest updates, and in-depth coverage from Pakistan and around the world. We are committed to accurate, timely, and unbiased journalism, keeping our readers informed about politics, business, sports, technology, entertainment, and current affairs

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Iran Says Its Forces Shoot Down US Drone Amid Rising Tensions

The reported incident adds to tensions between Tehran and...

IMF Flags Pakistan’s Tax Shortfall, Urges Emergency Measures

The global lender has called for stronger revenue collection...

Iran Says It Remains Far from Reaching a Deal with the United States

Tehran rejects Washington’s demands as excessive, while Qatari mediation...

Four Polio Workers Kidnapped in Tank, Two Police Officers Killed in Mohmand

Armed men abducted four polio vaccination workers in Tank,...