Benchmark KSE-100 Index gains 663 points, closing at 116,199.59, marking an increase of 0.57%


(Web Desk): The buying rally continued at the Pakistan Stock Exchange (PSX) on Monday, fueled by optimism over the IMF deal. The benchmark KSE-100 Index gained 663 points, closing at 116,199.59, marking an increase of 0.57%. The index reached an intra-day high of 116,626.82 during the session.
Positive momentum was observed across key sectors, with notable buying activity in automobile assemblers, commercial banks, oil and gas marketing companies (OMCs), and other index-heavy stocks like MARI, OGDC, PPL, PSO, SNGPL, MCB, MEBL, and NBP.
The PSX's positive performance last week was driven by expectations surrounding the settlement of the energy circular debt and developments related to the International Monetary Fund’s (IMF) Extended Fund Facility (EFF) program. For the week, the KSE-100 Index rose by 1,137 points, or 1%, closing at 115,536 points, compared to 114,399 points the previous week.

JuJu Watkins, Paige Bueckers and the best 25 players in women's March Madness
- 11 hours ago

Hot and dry weather expected in Karachi over next 24 hours
- 11 hours ago
Elon Musk’s X sues Indian govt over content removal powers
- 11 hours ago
Germany allocates €3 billion in new military support to Ukraine
- 5 hours ago
CJP summons Judicial Commission meeting to discuss new judges' appointment
- 8 hours ago

Punjab CTD arrests 11 terrorists, seizes explosives in multiple operations
- 6 hours ago
Starlink receives temporary approval to launch services in Pakistan
- 9 hours ago

Deputy Commissioner imposes Section 144 in Peshawar
- 9 hours ago
USC to lay off 6,000 workers as privatisation delayed until August 2025
- 6 hours ago

SBP to remain closed for three days on Eidul Fitr
- 7 hours ago
Suicide bomber arrested in Lahore reveals key terrorist links
- 6 hours ago

Salaries of ministers, advisers increased by up to 188%
- 8 hours ago