PSX gains over 1,300 points as sustained buying offsets US-Iran tensions.

Investors shrugged off geopolitical risks as oil prices edged higher, driving broad-based gains across major benchmark indices at the Pakistan Stock Exchange.

Possible impact on PSX shares

• OGDC Oil & Gas Development Company Limited▲ Could be positive

  OGDC shares could see positive momentum as firming global oil prices support exploration and production earnings outlooks.

  Price when this was written: Rs 302.90 · Live price, chart and results

• PPL Pakistan Petroleum Limited▲ Could be positive

  PPL may experience favorable trading activity alongside rising oil prices despite regional geopolitical concerns.

  Price when this was written: Rs 212.33 · Live price, chart and results

• HUBC The Hub Power Company Limited▲ Could be positive

  HUBC is likely to benefit from the general market upswing as sustained investor buying lifts power sector scrips.

  Price when this was written: Rs 196.68 · Live price, chart and results

• ENGRO Engro Corporation Limited▲ Could be positive

  ENGRO may continue to attract investor interest as strong buying activity pushes index heavyweights higher.

  Price when this was written: Rs 485.38 · Live price, chart and results

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Express Tribune: PSX gains over 1,300 points amid sustained buying