Pakistan, May 19 -- Pakistan's stock market rebounded on Tuesday as easing global oil prices and renewed optimism over possible US-Iran diplomacy improved investor sentiment following the previous session's sharp losses.

During intraday trading, the benchmark KSE-100 Index at the Pakistan Stock Exchange climbed to a high of 164,309.64 points, gaining 2,504.62 points, or 1.55 per cent.

Read More: Pakistan stocks tank amid geopolitical volatility

However, some gains were later trimmed as the index retreated to an intraday low of 162,563.58 points, still up 758.56 points, or 0.47 per cent, from Monday's closing level of 161,805.02.

Market analysts linked the recovery to softer oil prices and signs of diplomatic progress between the Unite...