KSE-100 index gains over 1,000 points

Staff Reporter

Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index gained more than 1,000 points in intraday trading on Monday, buoyed by the agreement between the government and the banned Tehreek-i-Labbaik Pakistan (TLP) as well as the finance adviser’s statement regarding ongoing negotiations with the International Monetary Fund (IMF).

The benchmark KSE-100 was up by 951.29 points or 2.06 per cent by 1:18pm.
However, it gave away some of the gains in the second half of the session, closing the day with an increase of 790.07 points (1.71pc) at 46,974.78.The benchmark index had gained 641 points in the outgoing week to close at 46,219 points, up 1.41 per cent on a week-on-week basis.

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