KSE-100 index rises 979 points

Staff Reporter

Pakistan Stocks continued their recovery on Monday with the KSE-100 index recouping another 978.51 points (2.23 per cent) on the first trading day of the week following an upsurge in world markets on increasing bets on faster economic recovery.
At the close of the day, the index settled in the green at 44,766.59.

The benchmark index opened at 43,788.08 points, which was also the lowest level seen by the market during intra-day trading. As the bulls took charge, it reached an apex of 44,839.19 points.

The rally was led by the cement sector which contributed around 133 points, followed by the technology and communication sector which contributed about 117 points. Scrips that were among the major gainers included TRG, LUCK, HBL, HUBC and SYS.

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