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Pakistan’s capital market on Monday carried over last week’s momentum, motored by a mix of robust economic indicators—particularly a tame inflation projection—and hopes of strong corporate earnings in the upcoming results season, leading investors to lock in value stocks.
The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index on Monday climbed further, adding 1,860.12 points to reach a new high of 103,217.44 during intra-day trading.
This marks an increase of 1.84% from the previous close of 101,357.32, as the market continues to capitalize on the positive momentum that saw it cross the 100,000-point milestone last week.
