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PSX gains 2,000 points during intraday trade as oil eases amid US-Iran mediation efforts

  • Posted on July 21, 2026
  • By Dawn
  • 0 Views
  • 1 min read
In brief

Pakistan's stock exchange demonstrated strong momentum, surging 2,000 points during intraday trading as geopolitical tensions eased. The rally follows renewed diplomatic negotiations between the United States and Iran, which have triggered a decline in crude oil prices from recent monthly peaks. Market analysts attribute the upward trajectory to investor confidence stemming from reduced energy cost pressures and improved global risk sentiment, positioning equities favorably for continued gains.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

PSX gains 2,000 points during intraday trade as oil eases amid US-Iran mediation efforts
PSX gains 2,000 points during intraday trade as oil eases amid US-Iran mediation efforts

Analyst says market extending previous session’s late recovery as oil prices retreat from one-month high.
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Author
Dawn

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