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PSX recovers over 4,000 points during intraday trade

By none@none.com (News Desk)

The Pakistan Stock Exchange’s (PSX) benchmark index KSE-100 recovered over 4,000 points during intraday trade on Tuesday. The KSE-100 index surged by 4,132.44 points, or 2.57 per cent, to stand at 164,723.77 at 11:04am, from the previous close of 160,591.33 points. A day ago, the market shed 6,600 points in a turbulent session, as fears of supply disruptions returned after inconclusive Iran-US peace talks, triggering panic-selling at the PSX. However, another round of Iran-US dialogue wa...