KARACHI (Dunya News) – The Pakistan Stock Exchange (PSX) is witnessing a volatile trading session since it opened on Wednesday due to geopolitical tensions.
During intraday trading, the KSE-100 market witnessed fluctuations, with the index hitting a high of 157,962.47 points and a low of 154,790.73 points.
As cautious trading continues, the benchmark index gained 381098 points to reach 157,514.07, reflecting a positive change of 0.24 percent compared to previous close of 157,132.09.
Market experts attribute the drop to cautious trading sentiments as investors are monitoring ongoing US-Israel tensions with Iran.
Meanwhile, oil prices rose 1% as the U.S.-Israeli war on Iran disrupted Middle East supplies, but the pace of gains slowed from past sessions after President Donald Trump raised the possibility of the U.S. Navy escorting vessels through the Strait of Hormuz.
Brent rose $1.17, or 1.4%, to $82.57 a barrel by 0408 GMT, after closing at its highest since January 2025 on Tuesday.
US West Texas Intermediate crude rose 72 cents, or 1%, to $75.28, after settling at its highest since June. Both rose by around 5% or more in the past two sessions.