A man takes a photo of the electronic board at the Pakistan Stock Exchange, in Karachi November 28, 2023. — Reuters
The bourse opened the week on a strong footing, extending last week’s bullish trend as the KSE-100 Index gained over 1,200 points during the session on Monday.
The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index surged to an intraday high of 118,587.60 points, gaining 1,272.02 points, or 1.08%, from the previous close of 117,315.58. The session’s low was recorded at 117,712.70, still reflecting a gain of 397.12 points or 0.34%.
The rally follows a record-breaking week for the market, during which the KSE-100 index gained 2,462 points, up 2.1% week-on-week, to settle at its highest-ever close of 117,315.58 on Friday.
This is a developing story and is being updated with more details.
