The Pakistan Stock Exchange (PSX) opened the week with substantial gains, reportedly driven by investor optimism following developments in US-Iran relations.
According to Iranian officials, no negotiations are currently underway with the United States, contradicting US President Donald Trump's earlier statement about impending discussions.
Israel has reportedly conveyed its comments and concerns to the United States regarding a Gaza plan, with Prime Minister Benjamin Netanyahu’s office stating the publicly released version does not reflect Israel’s positions.
Oil prices, including Brent crude and US West Texas Intermediate, fell significantly on Monday as US President Donald Trump announced a pause in military action against Iran to pursue a deal aimed at reopening the Strait of Hormuz.
