{"id":3886,"date":"2026-11-05T18:04:06","date_gmt":"2026-11-05T13:04:06","guid":{"rendered":"https:\/\/ipp-news.com\/?p=3886"},"modified":"2026-11-05T18:04:06","modified_gmt":"2026-11-05T13:04:06","slug":"kse-100-gains-nearly-2-as-buying-rally-continues","status":"publish","type":"post","link":"https:\/\/ipp-news.com\/?p=3886","title":{"rendered":"KSE-100 gains nearly 2% as buying rally continues"},"content":{"rendered":"<div>\n<p><strong>Buying rally continued at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining nearly 2% amid expectations that losses suffered by US President Donald Trump\u2019s Republican Party in this week\u2019s Congressional elections may reduce the risk \u200bof further escalation of the US-Israeli war on Iran.<\/strong><\/p>\n<p>The market opened positively, with the index initially surging to an intraday high of 176,604.51.<\/p>\n<p>However, profit-taking soon emerged, triggering a sharp correction that pushed the index toward its intraday low of 174,291.25.<\/p>\n<p>The benchmark subsequently staged a recovery, with buying interest emerging around midday. The index maintained an upward trajectory during the afternoon session, although trading remained somewhat volatile. It briefly gained momentum towards the final hour of trading before witnessing some late-session profit-taking.<\/p>\n<p>Despite the late-session pullback, the KSE-100 managed to close firmly in positive territory, reflecting sustained buying interest and a strong recovery from its intraday lows.<\/p>\n<p>At close, the KSE-100 Index settled at 175,379.86, gaining 3,366.38 points or 1.96%.<\/p>\n<p>On Wednesday, PSX staged a strong bullish session as a sharp decline in international oil prices and easing geopolitical concerns following the US midterm elections triggered broad-based buying. The benchmark KSE-100 Index advanced by 3,994.62 points, or 2.38%, to close at 172,013.48 points.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Buying rally continued at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining nearly 2% amid expectations that losses suffered by US President Donald Trump\u2019s Republican Party in this week\u2019s Congressional elections may reduce the risk \u200bof further escalation of the US-Israeli war on Iran. The market opened positively, with the index initially surging to an intraday high of 176,604.51. However, profit-taking soon emerged, triggering a sharp correction that pushed the index toward its intraday low of 174,291.25. The benchmark subsequently staged a recovery, with buying interest emerging&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-3886","post","type-post","status-publish","format-standard","hentry","category-english"],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/3886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3886"}],"version-history":[{"count":0,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/3886\/revisions"}],"wp:attachment":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}