The Pakistan Stock Exchange (PSX) opened on a cautiously optimistic note this Friday, attempting to recover from the significant downturn experienced earlier this week due to escalating geopolitical tensions. As of 10:49 AM PKT, the benchmark KSE-100 Index stands at 115,238.51, marking an increase of 218.70 points or 0.19% from the previous close. PSX Data Portal
The modest gains in the PSX this morning suggest a tentative recovery as investors digest the impact of recent geopolitical developments, including India’s suspension of the Indus Waters Treaty following the Pahalgam terror attack. Analysts caution that while the market shows signs of stabilization, underlying tensions may continue to influence investor sentiment in the near term.
Stay Informed:
For real-time updates and detailed analyses, visit the Daily Forex Pakistan.
This morning market summary aims to provide investors with a comprehensive overview of the PSX’s performance and prevailing economic factors influencing market dynamics.
Learn 3 proven risk management strategies for crypto trading beginners to reduce losses and protect…
Pivot points aren’t just useful for spotting support and resistance — they’re also a powerful…
If you’ve already identified a crypto trade idea using fundamental analysis, the next step is…
Pivot points can be powerful tools in your trading toolbox — not just for range…
The German DAX Index extended losses for a second consecutive session on May 29, slipping…
Bitcoin, Ethereum, and Ripple Show Signs of Extended Corrections Amid Bearish Technical Setups The cryptocurrency…