PSX rises on hopes of peace talks success

The Pakistan Stock Exchange (PSX) closed slightly higher on Tuesday, supported mainly by strength in the banking sector, though the trading session remained highly volatile. At the commencement of trading, selling pressure gripped the market as investor sentiment turned sharply negative amid geopolitical uncertainty. Concerns linked to US President Donald Trump's aggressive rhetoric and delay in ceasefire weighed heavily on equities, triggering a steep decline. However, the market staged a recovery later in the day on expectations that Pakistan's diplomatic efforts may bring positive outcomes. During the session, the KSE-100 index touched the intra-day high of 152,013 and low of 149,129. At close, the index displayed an increase of 465.64 points, or 0.31%, to settle at 151,673.46. Trump's warmongering kept global markets on edge, contributing to heightened volatility and investor caution...