The Pakistan Stock Exchange (PSX) extended its upward momentum on Thursday as improving hopes for de-escalation in the Middle East boosted investor confidence and triggered strong buying activity across key sectors. Read More: Bulls push PSX up by over 1,900 points During intraday trading, the benchmark KSE-100 Index surged to a high of 168,134.65 points, gaining 3,303.23 […]
global markets
Trump and Xi talks boost stocks as oil prices slip
Global stock markets rose and oil prices edged lower after a high-level meeting between US President Donald Trump and Chinese President Xi Jinping, as investors reacted cautiously to hopes of easing trade tensions between the world’s two largest economies. Markets responded positively on the first day of the summit, with optimism that renewed dialogue between […]
Oil prices rise as Iran talks remain uncertain
Global oil prices edged higher on Tuesday as uncertainty surrounding negotiations between the United States and Iran continued to fuel concerns over energy supply disruptions. Read More: Oil prices fall below 100 dollars on Iran deal hopes Brent crude futures rose 30 cents, or 0.29 per cent, to $104.51 per barrel in early Asian trading, while […]
Oil jumps as Trump rejects Iran’s latest peace response
Global oil prices surged on Monday after US President Donald Trump rejected Iran’s latest response to a US peace proposal, renewing fears of prolonged supply disruptions as tensions around the Strait of Hormuz continue to unsettle markets. Read More: Pakistan raises petroleum prices above Rs400 per litre Brent crude futures rose by $4.16, or 4.11 […]
Oil falls and stocks rally on US-Iran deal optimism
Global financial markets rallied on Thursday as optimism over a possible US-Iran peace deal boosted investor sentiment, sending Asian stocks to record highs while oil prices and the US dollar weakened. Read More: Oil rises as US–Iran deal stalls Asian equity markets surged, with Japan’s Nikkei index crossing the 62,000 mark for the first time after returning from […]
PSX falls as oil surge, rate hike pressure market
The Pakistan Stock Exchange (PSX) came under significant pressure on Thursday as rising global oil prices and concerns over monetary tightening dampened investor sentiment. Read More: Oil prices hit four-year high amid Hormuz tensions The benchmark KSE-100 Index experienced sharp volatility during the trading session, hitting an intraday high of 164,357.47 points before sliding to a […]
Oil prices hit four-year high amid Hormuz tensions
Global crude oil prices have surged to their highest levels in four years following renewed tensions surrounding Iran and continued uncertainty over the Strait of Hormuz. Read More: Pakistan oil bill hits record $800m: PM Shehbaz The latest increase came after US President Donald Trump announced that restrictions linked to Iran’s maritime activities would remain in place, […]
Oil prices surge above $108 as Middle East tensions keep markets on edge
Global oil prices climbed sharply on Monday as fears of continued supply disruptions from the Middle East outweighed cautious optimism over possible diplomatic developments between the United States and Iran. Read More: Oil prices rise amid Middle East tensions Brent crude rose 2.75% to $108.23 per barrel, while West Texas Intermediate (WTI) gained 2.09% to $96.37. […]
Oil prices rise amid Middle East tensions
Global oil prices surged by more than two percent as escalating tensions in the Middle East continued to unsettle energy markets, raising concerns about supply disruptions. Read More: Pakistan raises petrol and diesel prices amid global oil pressure Benchmark Brent crude oil climbed to around $107 per barrel, while West Texas Intermediate (WTI) reached approximately $96 per […]
Oil prices surge near $100 amid Iran tensions
Global financial markets turned cautious on Tuesday as escalating tensions linked to the Iran conflict pushed oil prices sharply higher, raising fresh concerns about supply disruptions and inflationary pressure. Read More: Oil prices surge as Strait of Hormuz closes again Brent crude rose by around 4.5% to $99.78 per barrel, while West Texas Intermediate climbed 5.3% to […]