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PSX surges 1,855 points as falling oil prices boost investor confidence


Banking, cement, energy and power stocks lead gains as hopes of cheaper global crude lift market sentiment.

Image: Pak Tribune

The Pakistan Stock Exchange (PSX) rallied strongly, gaining 1,855 points, as easing global oil prices improved investor sentiment and triggered widespread buying.

Heavy interest was seen in banking, cement, energy and power sector stocks, with investors optimistic that lower crude prices could help reduce economic pressures.

Market participants said the decline in international oil prices boosted confidence by easing concerns over import costs and inflation, supporting broader market activity.

Analysts noted that improved sentiment and renewed buying interest helped the benchmark index recover, with investors closely watching global oil trends and economic developments for further direction.

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