Oil prices surge as Iran closes Strait of Hormuz after US strikes, raising fears over global supply disruptions.
Pakistan stocks rebounded from morning declines, pushing the benchmark index back into positive territory.
Global smartphone production declined as rising component costs threatened affordability and squeezed manufacturers' margins.
Gold prices fall sharply in Pakistan, tracking global losses as international bullion slips to a two-month low amid rate concerns.
Oil prices rise from recent lows as US strikes on Iran and falling crude inventories tighten global supply outlook.
Overseas Pakistanis send $4.25bn in May, lifting remittances amid Eid season and supporting household incomes and economic stability.
Pakistan Stock Exchange (PSX) traded in a narrow range as geopolitical tensions kept investors cautious during Wednesday's session.
Gold prices in Pakistan rose, tracking international gains as investors closely watched US inflation data and interest rate expectations.
Oil prices slipped after a sharp rise in the previous session as markets saw profit-taking and cautious trading returned.