BUSINESSDAWN
PSX continues recovery as KSE-100 index gains 2,600 points in early trade
The Pakistan Stock Exchange's KSE-100 index surged 2,604.49 points (1.49%) in early trade, driven by US President Donald Trump's remarks suggesting Iran's eagerness to settle tensions and stable oil prices. The rebound followed losses from the previous day due to renewed US-Iran conflicts.
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- PSX continues in the red, loses more than 3,000 points in early trade
- Bulls snap losing streak as PSX gains 2,500 points during intraday trade
- Wall Street ticks up in premarket, oil prices rise as Iran threatens to block energy exports
- Oil prices jump as fighting flares in the Middle East, while Asian shares are mixed
- US stocks hold steadier after inflation data, even as IBM plunges