KSE-100 gains over 1,000 points on improved sentiment

The Pakistan Stock Exchange (PSX) kicked off the week on a strong note, with the benchmark KSE-100 Index gaining over 1,000 points during the opening hours of trading on Monday, amid improved market sentiment following stable macroeconomic indicators. At 10:40am, the benchmark index was hovering at 160,632.77, up 1,039.87 points, or 0.65%. Buying interest was observed in key sectors including automobile assemblers, cement, commercial banks, oil and gas exploration companies, OMCs, power generation and refinery. Index-heavy stocks, including ARL, PSO, MARI, OGDC, POL, PPL, HUBCO, HCAR, DGKC, MEBL and NBP, traded in the green.