PSX gains over 2800 points during intraday trade

The Pakistan Stock Exchange’s (PSX) benchmark index KSE-100 gained over 2,800 points during intraday trade on Monday as the US and Iran reached a preliminary agreement aimed towards ending a war that began over three months ago and crippled the world economy. The KSE-100 index rose by 2,836 points (1.65 per cent) from the previous close of 172,399 to reach 175,236 points at 11am . Last week, PSX remained in positive territory with the benchmark KSE-100 index crossing the 172,000-point mark as in...