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  "path": "/psx-rally-9697-point",
  "publishedAt": "2026-03-10T09:35:08.000Z",
  "site": "https://nukta.com",
  "tags": [
    "decision to keep the policy rate unchanged"
  ],
  "textContent": "\n\n\n\nThe Pakistan Stock Exchange (PSX) rebounded on Tuesday following a sharp drop in crude oil prices and an indication from US President Donald Trump that the war in Iran “might end soon”.\n\nThe benchmark KSE-100 index gained 9,697 points to close at 156,177, up 6.62% from its overnight closing of 146,480 points. Banks, fertilizer and cement sectors were the major contributors during the session.\n\nOn Monday, the market shed 11,016 points, the second-largest single-day drop in the index’s history, as oil prices hit $119 in the international market.\n\nHowever, the market spectacularly reversed the tide on Tuesday, even leading to a halt in trading in the morning as the index jumped by more than 6%.\n\nThe rally followed the State Bank of Pakistan’s decision to keep the policy rate unchanged at 10.5%, which reassured investors and revived risk appetite, according to Topline Securities.\n\nAn analyst from Ismail Iqbal Securities said the benchmark index ended the session on a positive note after opening higher, as easing geopolitical tensions, declining oil prices, and the unchanged policy rate continued to support investor sentiment.\n\nAt 2:10 PM Pakistan time, WTI crude oil was down 6.7% to $88.42 per barrel and Brent 6.5% to $92.56 per barrel.\n\nOil surged past $100 a barrel on Monday, reaching the highest level since mid-2022, as supply cuts by Saudi Arabia and other producers during the expanding US-Israeli war with Iran stoked fears of major disruptions to global supplies.",
  "title": "PSX reverses historic slump with 9,697-point rally"
}