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 reflects ongoing supply-side concerns that are keeping a lid on broader equity rallies, particularly in emerging economies sensitive to import costs and inflationary pressures.

83 points. Despite the positive close, investor sentiment remained cautious as the rise in global oil prices weighed on early momentum.

The Pakistan Stock Exchange (PSX) benchmark index posted marginal gains, closing up by 205.83 points.

Despite the positive close, investor sentiment remained cautious as the rise in global oil prices weighed on early momentum.

The limited upside underscores the delicate balance investors are striking between domestic liquidity conditions and external commodity shocks.

This dynamic mirrors broader trends in emerging Asian markets, where equity benchmarks have opened cautiously amid mixed global cues.