PSX rallies by over 4,000 points after US, Iran reach preliminary agreement

The Pakistan Stock Exchange’s (PSX) benchmark index KSE-100 gained over 4,000 points on Monday as the US and Iran reached a preliminary agreement aimed towards ending a war that began over three months ago and crippled the world economy.

The KSE-100 index rose by 4,639.92 points (2.69 per cent) to close at 177,039.82 from the previous close of 172,399.90.

The market dipped to an intraday low of…

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PSX gains over 2,800 points during intraday trade after US, Iran reach preliminary agreement

The Pakistan Stock Exchange’s (PSX) benchmark index KSE-100 gained over 2,800 points during intraday trade on Monday as the US and Iran reached a preliminary agreement aimed towards ending a war that began over three months ago and crippled the world economy.

The KSE-100 index rose by 2,836 points (1.65 per cent) from the previous close of 172,399 to reach 175,236 points at 11am.

Yousuf M.…

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