KARACHI: The Pakistan Stock Exchange (PSX) continued its upward trend on Monday as the trading week began on a positive note.
At the start of trading, the KSE-100 Index recorded a gain of 1,434 points, which extended to 1,800 points during the session.
During the day, the index surpassed the 190,600-point mark, reflecting strong investor confidence and active trading across key sectors.
Market analysts attributed the bullish trend to renewed optimism among investors and positive market sentiment.
Earlier, Pakistan Stock Exchange (PSX) recorded a robust performance during the outgoing week, with the benchmark KSE-100 Index gaining 4,068 points.
During the five-day trading period, the index rose from 185,098 points to close at 189,166 points, reflecting renewed investor confidence. The market successfully regained four key psychological levels over the week.
Trading activity remained mixed, as the market witnessed declines on two days and gains on three days.
During the week, the KSE-100 Index touched a high of 189,566 points, while the lowest level was recorded at 186,127 points.
Over the five trading sessions, market capitalization increased by Rs244 billion, taking the total market cap to Rs21,219 billion.
Market experts attributed the positive trend to expectations of a cut in the monetary policy rate, which encouraged fresh investment. They added that buying interest in undervalued stocks by investors further supported market capitalization growth.
