The ongoing negotiations between Iran and the United States have started to show positive effects, leading to stability in Asian financial markets and a noticeable decline in global crude oil prices.
According to media reports, West Texas Intermediate (WTI) crude oil prices dropped to $97 per barrel, while Brent crude was seen trading at $95.37 per barrel after a decrease.
Meanwhile, the Pakistan Stock Exchange also witnessed a positive trend, with the KSE-100 Index gaining 1,993 points to close at 167,457 points.
Regional markets also showed improvement, as Japan’s Nikkei index rose by nearly 2 percent, while South Korea’s KOSPI index increased by 1.40 percent. Similarly, Hong Kong’s Hang Seng index recorded a gain of 0.55 percent, while India’s Mumbai Sensex rose by 1.2 percent during trading.
