PSX Closing Bell: Stays on the Front Foot
The benchmark KSE-100 Index concluded Thursday's trading session at 184,520.96, posting a gain of 470.86 points, or 0.26%, as investors extended selective buying on easing geopolitical concerns and lower international oil prices. Market sentiment remained broadly positive after oil prices declined as fears of supply disruptions in the Middle East eased, with investors encouraged by signs of progress in indirect U.S.-Iran negotiations. The softer oil price outlook improved risk appetite, while optimism over reduced geopolitical tensions supported buying in key index-heavy sectors. The index remained in positive territory for most of the session, trading in a range of 1,675.73 points. It touched an intraday high of 185,890.52 (+1,840.42 points) and a low of 184,214.79 (+164.69 points).