PSX Update showed modest gains on Tuesday as investors remained cautious amid uncertainty surrounding negotiations to end the conflict between the United States and Iran. Black Sea Attack Drone Strike Hits Cargo Ship Near Russia’s Novorossiysk Port The benchmark KSE-100 Index rose 206.67 points to 178,406.69 points, extending gains after Monday’s strong rally. The market opened at the previous closing level of 178,200.02 points. During the session, the index touched an intraday high of 178,768.83 points before slipping to a low of 178,023.65 points. On Monday, the KSE-100 Index recorded a sharp gain of 2,105.91 points, or 1.20%, to close at 178,200.02 points, compared with 176,094.12 points in the previous session. Trading Activity Remains Strong Trading activity remained robust despite lower volumes. The ready market recorded a trading volume of 785.361 million shares, compared with 880.951 million shares in the previous session. Meanwhile, the total traded value climbed to Rs33.140 billion, up from Rs24.957 billion a day earlier. Market capitalisation also increased, reaching Rs19.953 trillion, compared with Rs19.755 trillion in the previous trading session. Investors Watch Geopolitical Developments Market participants continued to monitor developments in US-Iran negotiations, as any progress toward easing regional tensions could influence investor sentiment in both regional and global financial markets. Post navigation US-Iran Talks Pakistan stocks soar more than 2,100 points as investor confidence returns
