PSX gains as oil stabilises, earnings season comes into focusPublished on: July 16, 2026 11:54 PM
Pakistan, July 17 -- Stocks extended gains on Thursday as stabilising oil prices eased fears of worst-case supply shocks, and investors shifted focus to the upcoming corporate earnings season.
The Pakistan Stock Exchange's (PSX) benchmark KSE-100 Index closed at 178,123.56, up 2,837.78 points, or 1.62%, from the previous close of 175,285.78.
During the session, it touched an intraday high of 178,431.73, up 3,145.95 points, or 1.79%, while its low stood at 175,672.33, still up 386.55 points, or 0.22%. "Markets took a breather as oil prices stabilised after an initial spike, easing investor concerns over potential worst-case supply shocks, similar to those during past US-Iran tensions," said Huzaifa Riaz, Director at Mayari Securities (Pv...
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