PSX Gains Over 4,600 Points After Iran-Israel Ceasefire

The KSE-100 index of the Pakistan Stock Exchange (PSX) gained over 4,600 points on Tuesday, a positive change of roughly 4 percent in response to the announcement of a ceasefire between Iran and  Israel. At 9:35 AM the benchmark index stood at 120,770, up 3.96 percent or 4,603 points. At 9:55 AM it stood at 120,637, up 4,470 points or 3.85 percent. A total of 151,813,258 shares were traded during the session so far, whereas the price of shares stood at Rs. 7 billion. As many as 393 companies transacted their shares in the stock market, 366 of them recorded gains and 17 sustained losses, whereas the share price of 10 companies remained unchanged. This is an intraday market update.