PSX rises over 400 points as investor buying retur...

Summary

• The benchmark KSE-100 Index gained more than 400 points by midday, supported by a relatively calm domestic environment and declining international oil prices.
• Tuesday’s gains suggested that some investors were returning to the market, although the overall direction remained dependent on political developments and sustained buying activity.
• Despite Tuesday’s positive performance, market sentiment remains sensitive to domestic political developments, international energy prices and broader economic conditions.

AI Generated Summary

The Pakistan Stock Exchange (PSX) recorded gains on Tuesday as renewed buying in key sectors lifted market sentiment. The benchmark KSE-100 Index gained more than 400 points by midday, supported by a relatively calm domestic environment and declining international oil prices.

The market opened on a positive note, with the benchmark index climbing 558.25 points, or 0.34%, to reach 165,682.66 points during early trading at 9:33am.