KSE-100 rallies by over 4,000 points after US, Iran reach preliminary agreement (opens original article in a new tab)

The KSE-100 index rose over 4,000 points after a US-Iran agreement eased regional tensions, with oil prices dropping and the central bank maintaining the policy rate.

• KSE-100 index gained 4,639.92 points (2.69%) to close at 177,039.82
• US-Iran preliminary agreement improved market sentiment and oil prices declined
• State Bank of Pakistan kept policy rate unchanged at 11.5%