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Pakistan Stock Exchange (PSX) staged a strong recovery on Tuesday, with the benchmark KSE-100 index surging 2,592.79 points, or 1.56%, to settle at 168,460.11, as broad-based buying gathered pace amid hopes for reduced domestic political tensions. Investor sentiment improved after Prime Minister Shehbaz Sharif called on the Pakistan Tehreek-e-Insaf (PTI) to abandon its politics of agitation and cancel its long march, saying protests would damage economic growth and Pakistan's international standing. The call for dialogue, conditional on ending the agitation, provided some relief to investors concerned about renewed political uncertainty. The index traded between the intra-day high of 168,626.18 and low of 165,651.68, recovering strongly from the session's early levels as buying emerged across key sectors. Investor interest was witnessed in auto assemblers, cement, commercial banks, oil a...
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