Brent crude rises nearly 2% as energy uncertainty weighs on emerging market equities

Brent crude futures climbed nearly 2% on Tuesday, driven by persistent uncertainty in global energy markets.

The price increase in the benchmark oil contract weighed on investor sentiment across emerging equities, capping early rallies in several key indices.

83 points. Despite the positive close, trading volumes remained subdued as investors adopted a cautious stance.

The Pakistan Stock Exchange's benchmark KSE-100 index closed with marginal gains of 205.83 points.

Despite the positive close, trading volumes remained subdued as investors adopted a cautious stance.

The modest advance reflects a broader trend where rising energy costs and geopolitical risks are tempering enthusiasm for equity markets in the region.

This dynamic underscores the ongoing sensitivity of emerging markets to energy price fluctuations.