Business
PSX climbs 800 points in intraday trade for another historic high
The benchmark KSE-100 index climbed 855.89 points
Karachi: Bulls dominated the trading floor as shares at the Pakistan Stock Exchange (PSX) climbed more than 800 points in intraday trade on Monday.
The benchmark KSE-100 index climbed 855.89 points, or 0.95 per cent, to stand at 90,849.85 points from the previous close of 89,993.96 points at 10:42am. At 12:13pm, the index crossed the 91,000 milestone.
Buying was observed in index-heavy sectors including automobile assemblers, cement, commercial banks, oil and gas exploration companies and OMCs. Index-heavy stocks including NBP, MCB, MEBL, OGDC, PPL, PSO and SSGC traded in the green.