Pakistan, July 16 -- Pakistan Stock Exchange (PSX) continued its recovery on Thursday as investor confidence improved following signs of possible diplomatic engagement between the United States and Iran, along with relative stability in global oil prices.

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The benchmark KSE-100 index gained around 2,600 points during early trading, extending the positive momentum witnessed in the previous session. By 11:04am, the index had climbed 2,604.49 points, or 1.49 per cent, to reach 177,890.27 points compared with the previous close of 175,285.78 points.

Market analysts attributed the recovery to improving sentiment after comments from US President Donald Trump, who indicated that Tehr...