PSX extends rally as US election results ease Middle East escalation fears.

The KSE-100 index gained over 1.4% in morning trade, driven by reduced geopolitical risk perceptions following US Congressional election outcomes affecting foreign policy expectations.

Possible impact on PSX shares

• DAWH Dawood Hercules Corporation Limited▲ Could be positive

  As a major investment holding company, Dawood Hercules could see positive sentiment spill over as broader market risk appetite improves following reduced geopolitical tensions.

  Price when this was written: Rs 275.28 · Live price, chart and results

• SYS Systems Limited▲ Could be positive

  Systems Limited may track the wider market upward movement as lower perceived regional conflict risks support overall macroeconomic stability and investor confidence.

  Price when this was written: Rs 116.50 · Live price, chart and results

• PTC Pakistan Telecommunication Company Ltd▲ Could be positive

  Pakistan Telecommunication Company could benefit from the broader risk-on environment and liquidity inflows boosting large-cap shares across the board.

  Price when this was written: Rs 47.99 · Live price, chart and results

• LUCK Lucky Cement Limited▲ Could be positive

  Lucky Cement could see supportive buying as improving market sentiment and easing geopolitical concerns encourage institutional participation in index leaders.

  Price when this was written: Rs 428.51 · Live price, chart and results

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Business Recorder: PSX: buying continues, KSE-100 up nearly 2%