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The stock market started the new week with a sharp upswing, as investor confidence remained buoyant following last week’s historic performance.
Strong buying activity propelled the KSE-100 Index over the 118,000 mark during intraday trade on Monday, signalling sustained optimism across the market.
The Pakistan Stock Exchange’s benchmark index soared to an intraday high of 118,640.70, rising 1,325.12 points, or 1.13%, from Friday’s close of 117,315.58. Even the day’s lowest level, 117,712.70, represented a gain of 397.12 points or 0.34%.
This is a developing story and is being updated with more details.
