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Commodities

Pakistan Stock Exchange Declines Amid Middle East Tensions

Guavy AI Editorial Team
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Oil
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The Pakistan Stock Exchange saw a decline of 2.75% for the week due to heightened Middle East tensions, renewed Houthi attacks on Saudi Arabia, and escalating US-Iran hostilities.

Analysts say that economic indicators are strengthening ahead of the IMF review, which is scheduled to begin on September 22.

A potential US-Iran deal could ease international oil prices from their current elevated levels, with Brent crude hitting a four-month high of $109 a barrel before easing on Friday.

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