KARACHI: After a week of erratic trading, the bulls made a comeback at the Pakistan Stock Exchange (PSX) on Monday as the benchmark KSE-100 index reported a respectable increase, helping to kick off the week on a positive note.
The KSE-100 index remained positive throughout the day due to the dominance of bullish mood.The news that Ishaq Dar is returning to Pakistan and will take over as finance minister significantly increased trade activity. The reports caused the currency market to rise.
The KSE-100 index continued its upward march earlier in the trading day with very slight swings.The benchmark KSE-100 index increased by 531.33 points or 1.31% to settle at 41,151.54 points.