According to reports, trading at the Pakistan Stock Exchange (PSX) on Tuesday began in the positive zone, with the benchmark KSE-100 Index rising over 200 points in the early hours.
In the morning, the benchmark index increased by 264.57 points, or 0.14 percent, reaching 188,852.23 points. Buying interest was seen in the banking, automobile assemblers, and fertilizer sectors. HBL, MCB, Meezan Bank (MEBL), National Bank (NBP), and UBL also traded in the positive zone.
It is worth noting that on Monday, the KSE-100 Index had closed down by 579.17 points, or 0.31 percent, at 188,587.66 points.
Meanwhile, globally, Asian stock markets saw gains on Tuesday, while Nasdaq futures rose 0.2 percent as investors awaited the financial results of major tech companies, including Microsoft, Apple, and Tesla, starting Wednesday.
South Korea’s KOSPI Index also recovered sharply after initial losses, ultimately trading up 0.8 percent.
Gold prices increased by 1 percent to $5,066 per ounce, while silver rose 6.4 percent to $110.60 per ounce.
The broader Asia-Pacific stock index rose 0.4 percent, while Japan’s Nikkei index declined 0.1 percent.
