KSE-100 Rises Over 218 Points as Oil Prices Decline
KARACHI: The Pakistan Stock Exchange (PSX) started Monday’s trading session on a positive note, with the benchmark KSE-100 Index gaining more than 218 points by midday.
At 12:58pm, the KSE-100 stood at 171,102.84 points, showing an increase of 218.26 points, or 0.13%.
The index had recorded a stronger gain earlier in the session, rising by as much as 752.54 points, or 0.44%, to reach 171,637.12 points at 9:33am before giving up some of those gains.
During the session, the KSE-100 moved between an intraday high of 171,732.62 points and a low of 170,902.75 points.
Trading Activity at PSX
Trading activity remained active during the session, with around 65.08 million shares changing hands.
The total value of traded shares stood at approximately Rs5.76 billion, reflecting continued investor participation in the market.
Oil Prices Support Market Sentiment
The positive movement in Pakistani equities came as international oil prices declined amid expectations of possible diplomatic progress in the Iran conflict.
A partial recovery in Saudi Arabia’s oil shipments also provided some relief to markets concerned about disruptions to regional energy supplies.
However, continued attacks by Yemen’s Houthis have kept uncertainty around key energy routes, limiting the strength of the market’s early gains.
Investors are now closely watching developments in global oil markets and the broader geopolitical situation, which could continue to influence trading activity at the PSX.
