The KSE-100 index surged by 7,241 points following a significant improvement in market sentiment. This rally was primarily driven by the de-escalation of US-Iran tensions, which often weigh on global markets. Additionally, a retreat in international crude oil prices provided further relief, alongside a positive outlook on the State Bank of Pakistan's monetary policy. For Pakistan, easing tensions and lower oil could reduce inflationary pressures, potentially stabilizing USD/PKR and influencing local gold demand.
بحوالہ / Source: tribune.com.pk