International

PSX surges 2,593 points as political tensions ease

Minute mirror

By Noor Zainab

1 day ago 5 views

PSX surges 2,593 points as political tensions ease — Photo credit: Minute mirror

Summary

Market sentiment also benefited from softer international oil prices.
Improving conditions around the Red Sea and continued production support from Saudi Arabia also helped contain prices.
AKD Securities Director Research Mohammed Awais Ashraf said lower oil prices and the government’s willingness to engage with the PTI helped improve investor confidence.

AI Generated Summary

Pakistan Stock Exchange (PSX) staged a strong recovery on Tuesday as the benchmark KSE-100 index jumped 2,592.79 points, or 1.56%, to close at 168,460.11.

The market gained momentum as investors responded positively to signs that political tensions could ease. Prime Minister Shehbaz Sharif had urged the Pakistan Tehreek-e-Insaf (PTI) to call off its long march and end its protest campaign, warning that continued agitation could hurt economic growth and Pakistan’s international image.

Originally published by Minute mirror on Oct 7, 2026 Read the full article at minutemirror.com.pk

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