{"id":18212,"date":"2026-05-20T11:54:57","date_gmt":"2026-05-20T11:54:57","guid":{"rendered":"https:\/\/weeklyyoung.pk\/?p=18212"},"modified":"2026-05-20T11:54:57","modified_gmt":"2026-05-20T11:54:57","slug":"psx-gains-1900-points-during-intraday-trade-maintaining-renewed-buying","status":"publish","type":"post","link":"https:\/\/weeklyyoung.pk\/?p=18212","title":{"rendered":"PSX gains 1,900 points during intraday trade, maintaining renewed buying"},"content":{"rendered":"<p>The Pakis\u00adtan Stock Exchange (PSX) on Wednesday maintained its renewed bullish momentum as the market gained over 1,900 points during intraday trade.<\/p>\n<p>The benchmark KSE-100 index gained 1,934.74 points or 1.19 per cent to stand at 164,831.42 points at 3:44pm from the previous close of 162,896.68.<\/p>\n<p>The gains came a day after PSX snapped a seven-session losing streak, gaining 1,091.66 points as buying interest returned to the market.<\/p>\n<p>The market sentiment remained buoyant amid encouraging developments in the ongoing negotiations between the US and Iran, easing geopolitical concerns.<\/p>\n<p>Additionally, a slight decline in international oil prices provided further comfort to investors by easing inflationary worries and strengthening expectations of macroeconomic stability.<\/p>\n<p>Last week, investor sentiment remained depressed amid a lack of tangible progress in the US-Iran negotiations, while concerns over the fragile situation in the Strait of Hormuz fuelled fears of further disruption to global oil supplies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Pakis\u00adtan Stock Exchange (PSX) on Wednesday maintained its renewed bullish momentum as the market gained over 1,900 points during intraday trade. The benchmark KSE-100 index gained 1,934.74 points or 1.19 per cent to stand at 164,831.42 points at 3:44pm from the previous close of 162,896.68. The gains came a day after PSX snapped a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18213,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-18212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"_links":{"self":[{"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=\/wp\/v2\/posts\/18212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18212"}],"version-history":[{"count":1,"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=\/wp\/v2\/posts\/18212\/revisions"}],"predecessor-version":[{"id":18214,"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=\/wp\/v2\/posts\/18212\/revisions\/18214"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=\/wp\/v2\/media\/18213"}],"wp:attachment":[{"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/weeklyyoung.pk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}