Buying returns to bourse, KSE-100 up 2,000 points

A day after intense selling pressure, buying returned to the Pakistan Stock Exchange (PSX) on Tuesday after Iran and Israel announced a halt to attacks on each other, with the benchmark KSE-100 Index gaining over 2,000 points during the opening minutes of trading. At 9:55am, the benchmark index was hovering at 170,954.65, a gain of 2,000.95 points or 1.18%. Buying was observed in key sectors, including automobile assemblers, cement, commercial banks, fertiliser, oil and gas exploration companies and OMCs. Index-heavy stocks, including MARI, OGDC, PPL, POL, HUBCO, PSO, MEBL and NBP, traded in the green.