PSX index crosses 168,000 as easing oil lifts stocks
The KSE-100 gained 1,454.80 points, or 0.87 per cent, to close at 168,018.87 on Tuesday as cheaper crude and hopes of a US-Iran settlement spurred buying in heavyweight shares.
The KSE-100 closed at 168,018.87 on Tuesday, up 1,454.80 points or 0.87 per cent, crossing the 168,000 level.
Buying was linked to a fall in international crude prices and optimism over possible US-Iran deal talks.
Fauji Fertiliser, Engro Holdings, Pakistan Services, Meezan Bank and Engro Fertiliser together added about 701 points.
Volume rose 16.66 per cent to 517.34 million shares; turnover rose 16.76 per cent to Rs20.7 billion.
Cnergyico PK led volumes with 114 million shares; analysts still flag volatility around geopolitics and the US midterms.