{"id":4124,"date":"2025-06-25T17:07:27","date_gmt":"2025-06-25T12:07:27","guid":{"rendered":"https:\/\/youdigital.pk\/en\/?p=4124"},"modified":"2025-06-25T16:08:32","modified_gmt":"2025-06-25T11:08:32","slug":"psx-extends-bullish-streak-as-iran-israel-ceasefire-calms-markets","status":"publish","type":"post","link":"https:\/\/2day.pk\/en\/2025\/06\/25\/psx-extends-bullish-streak-as-iran-israel-ceasefire-calms-markets","title":{"rendered":"PSX Extends Bullish Streak as Iran-Israel Ceasefire Calms Markets"},"content":{"rendered":"<p data-start=\"214\" data-end=\"409\"><strong>ISLAMABAD: The Pakistan Stock Exchange (PSX) maintained its upward momentum on Wednesday, as investor sentiment remained upbeat following the recently announced ceasefire between Iran and Israel.<\/strong><\/p>\n<p data-start=\"411\" data-end=\"687\">The KSE-100 index gained 396.47 points during intraday trading, reaching 122,643.10 with a positive change of 0.32%.<\/p>\n<p data-start=\"411\" data-end=\"687\">This follows a massive rally on Tuesday, when the index soared by 6,079.17 points to close at 122,246.64\u2014one of the biggest single-day gains in recent years.<\/p>\n<p data-start=\"689\" data-end=\"953\"><strong data-start=\"689\" data-end=\"717\">Investor Sentiment Soars<\/strong><\/p>\n<p data-start=\"689\" data-end=\"953\">Market activity remained strong as 804.7 million shares were traded on Tuesday, significantly higher than the previous day\u2019s 595 million.<\/p>\n<p data-start=\"689\" data-end=\"953\">The total value of traded shares also surged to Rs. 37.61 billion, up from Rs. 23.48 billion.<\/p>\n<p data-start=\"955\" data-end=\"1201\">Out of 477 listed companies that traded, 407 posted gains, 35 declined, and 35 remained unchanged.<\/p>\n<p data-start=\"955\" data-end=\"1201\">Analysts attributed the bullish trend to easing geopolitical concerns in the Middle East and improving investor confidence in regional stability.<\/p>\n<p data-start=\"1203\" data-end=\"1447\"><strong data-start=\"1203\" data-end=\"1237\">Global Oil Prices React Mildly<\/strong><\/p>\n<p data-start=\"1203\" data-end=\"1447\">Oil prices rebounded slightly on Wednesday after the ceasefire, though they remained close to multi-week lows.<\/p>\n<p data-start=\"1203\" data-end=\"1447\">Brent crude rose by 1.3% to $67.99 per barrel, while US WTI crude increased by 1.4% to $65.24.<\/p>\n<p data-start=\"1449\" data-end=\"1587\">Earlier, both benchmarks had dipped to their lowest levels since early June, following Israel\u2019s military strikes on Iranian nuclear sites.<\/p>\n<p data-start=\"1589\" data-end=\"1825\">In a client note, JP Morgan analysts said,<\/p>\n<p data-start=\"1589\" data-end=\"1825\">\u201cGlobal energy prices are moderating following the Israel-Iran ceasefire. The base case for our oil strategists remains anchored by fundamentals, which indicate sufficient global oil supply.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: The Pakistan Stock Exchange (PSX) maintained its upward momentum on Wednesday, as investor sentiment remained upbeat following the recently announced ceasefire between Iran and Israel. The KSE-100 index gained 396.47 points during intraday trading, reaching 122,643.10 with a positive change of 0.32%. This follows a massive rally on Tuesday, when the index soared by &hellip;<\/p>\n","protected":false},"author":6,"featured_media":4125,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[1979,1980,304],"class_list":["post-4124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tie-business","tag-iranisraelceasefire","tag-oilprices","tag-psx"],"_links":{"self":[{"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/posts\/4124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/comments?post=4124"}],"version-history":[{"count":1,"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/posts\/4124\/revisions"}],"predecessor-version":[{"id":4126,"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/posts\/4124\/revisions\/4126"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/media\/4125"}],"wp:attachment":[{"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/media?parent=4124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/categories?post=4124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/2day.pk\/en\/wp-json\/wp\/v2\/tags?post=4124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}