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  "path": "/news/2002961/psx-opens-shortened-trading-week-on-bullish-note-kse-100-gains-2800-points-during-early-trade",
  "publishedAt": "2026-05-25T05:28:15.000Z",
  "site": "https://www.dawn.com",
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    "Business",
    "closed"
  ],
  "textContent": "The Pakistan Stock Exchange’s (PSX) benchmark index began the week on a strong note on Monday, gaining 2,800 points during early trading.\n\nThe KSE-100 index had gained 3,594 points and was at 171,438 points at 9:30am, compared to Friday’s close of 167,844.24 points. By 9:39am, the index had slightly dipped to 170,714 points, up by 2,870 points.\n\nThe development comes amid hopes that a deal between the United States and Iran to open the Strait of Hormuz could be announced soon.\n\nOil prices also fell on Monday. The price of North Sea Brent crude and West Texas Intermediate slipped close to five percent to $99.41 and $92.49 a barrel, respectively.\n\nDespite last-minute jitters, the stock market had closed last week in green territory amid improving diplomatic signals surrounding the Middle East conflict, which lifted investor sentiment and encouraged value-hunting across key sectors, pushing the benchmark KSE-100 index above the 167,000-point level.\n\nAccording to Arif Habib Ltd, the KSE-100 index gained 2,248 points, or 1.36 per cent week-on-week, to settle at 167,844.24 points. The rally was largely driven by expectations of progress in US-Iran talks, with Pakistan reportedly playing a role in facilitating backchannel diplomacy. The development eased concerns over possible oil supply disruptions and supported equity market performance.\n\n* * *\n\n_Additional input from AFP_",
  "title": "PSX opens shortened trading week on bullish note; KSE-100 gains 2,800 points during early trade"
}