The KSE-100 index surged by 2,604.49 points (1.49%) to 177,890.27, extending its recovery after Tuesday's significant 6,408-point plunge. This earlier drop was triggered by panic selling due to renewed US-Iran fighting and heightened concerns over energy flows through the Strait of Hormuz. The geopolitical tensions had pushed oil prices to a one-month high, impacting global and local markets. While the PSX shows resilience, persistent international instability and commodity price volatility could influence local gold and currency markets.
بحوالہ / Source: www.dawn.com