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.

Dubai introduces AI-enabled 'virtual ICU' system
- 3 hours ago

Punjab govt to recommend federation to ban extremist party
- 3 hours ago

3 bodies recovered from different areas of Lahore
- 2 hours ago

Pakistan strengthens ties with global financial institutions
- a minute ago

Sharmeen Obaid becomes executive producer of film based on Pakistani girl's bravery
- 2 hours ago

Indonesia shaken by 6.7 magnitude earthquake
- 18 minutes ago

15 people killed, 8 injured after truck overturns in Malakand
- 5 hours ago

Gold expensive by Rs1,900 per tola today
- an hour ago

Propaganda nexus between Afghan Taliban, India exposed
- an hour ago

Apple launches new MacBook Pro, fastest performance with M5 chip
- 3 hours ago

Pakistan's exports in free fall: Textile exports plummet 2pc
- 7 minutes ago

Prices of petroleum products plunge in Pakistan
- 5 hours ago