Pakistan, July 21 -- The Pakistan Stock Exchange (PSX) recorded gains on Tuesday as easing international oil prices and renewed hopes for diplomatic progress between the United States and Iran improved investor sentiment.

Read More: PSX losses by more than 3,000 points amid rising oil prices

The benchmark KSE-100 Index reached an intraday high of 178,370.45 points, gaining 2,442.72 points or 1.39 per cent compared with the previous close. During trading, the index also touched a low of 176,930.74 points, which was still 1,003.01 points or 0.57 per cent higher.

Market analysts said investor confidence remained closely linked to developments surrounding the US-Iran conflict, particularly because changes in global oil prices directly affe...