WEB DESK: The ongoing negotiations between Iran and the United States have positively influenced regional markets, leading to increased stability across Asian stock exchanges and a drop in global crude oil prices.
Reports indicate that the price of WTI crude has fallen to $97 per barrel, while Brent crude is currently trading at approximately $95.37 per barrel. On the stock market front, the Pakistan Stock Exchange (PSX) gained 1,993 points, ending the day at 167,457 points.
In regional indices, Japan’s Nikkei surged by nearly 2%, South Korea’s KOSPI rose by 1.40%, Hong Kong’s Hang Seng advanced by 0.55%, and India’s Mumbai Sensex increased by 1.2% during trading hours.
