Brent crude futures dipped to $88.88 per barrel as reports of mediation efforts between the US and Iran reduced geopolitical tensions. This positive sentiment fueled a strong buying momentum at the Pakistan Stock Exchange, with the KSE-100 Index gaining nearly 1,200 points. Asian stocks also saw gains, recovering from earlier declines. For Pakistan's gold and currency markets, reduced global uncertainty and lower oil prices could potentially ease inflationary pressures and temper safe-haven demand for gold.
بحوالہ / Source: www.brecorder.com