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PSX Stages Strong Recovery as KSE-100 Gains Over 1,800 Points at Midday

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Pakistan Stock Exchange (PSX) shows strong recovery on Tuesday

The benchmark KSE-100 index hovered near 148,700 as of 12:29pm, up over 1,821 points or about 1.24% from the previous close.

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Key sectors driving gains include automobile assemblers, power generation and refining, cement, commercial banks, oil and gas exploration companies, and oil marketing companies.

Market sentiment bolstered by US President Donald Trump’s indication of significant progress in talks with moderate Iranian leadership.

Trading still ongoing; index likely to remain range-bound in second half if buying interest persists.

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