PSX hits record high despite global market turmoil from US tariffs

While global stock markets reeled from a sell-off induced by US President Donald Trump's tariffs, the Pakistan Stock Exchange (PSX) bucked the trend to close at a new record high.

Banking stocks rallied as investors eyed potential quarterly dividends, and a reduction in power tariffs bolstered cement stocks. However, a sharp decline in crude oil prices subdued energy stocks, limiting overall gains.

In the latest episode of Stock Watch, join Nukta's Shuja Qureshi as he interviews Mustafa Pasha, Chief Investment Officer at Lakson Investments, exploring the effects of US tariffs on Pakistan and its stock market.