The PSX's KSE-100 index gained over 5,000 points during intraday trade, reaching 176,090.08, driven by improved investor sentiment. This rally follows a pause in US-Iran military strikes and a significant drop in global oil prices, with Brent crude falling below $90. Analysts expect the State Bank of Pakistan to maintain its policy rate today, assessing geopolitical developments and flood impact, despite underlying disinflationary trends. This stability in oil prices and SBP's cautious stance could reduce inflationary pressures, potentially impacting local gold prices and the USD/PKR rate.
بحوالہ / Source: www.dawn.com