The PSX benchmark index gained over 5,000 points in early trade, driven by improved investor sentiment following a pause in US-Iran military strikes and a sharp decline in global oil prices, with Brent crude briefly dropping below $90. Analysts anticipate the State Bank of Pakistan will maintain its policy rate today, adopting a cautious stance amidst geopolitical developments and recent floods. This stability could reduce safe-haven demand for gold while potentially supporting the Pakistani Rupee against the US Dollar.
بحوالہ / Source: www.dawn.com