The Pakistan Stock Exchange (PSX) experienced a notable bullish trend on Monday, the first trading day of the week. The KSE-100 index surged by more than 500 points, crossing the critical threshold of 86,000.
As of approximately 10:48 AM, the KSE-100 index climbed by 548 points, reflecting a 0.64 percent increase, reaching a level of 86,031.
This follows a closing figure of 85,483 from the previous trading session.
Last week marked a remarkable performance for the stock market, with the index gaining 1,952 points, or 2.33 percent, rising from 83,531 to its previous closing figure.
On October 9, the Pakistan Stock Exchange benchmark index reached a peak of 86,000 after a 627-point jump. However, this momentum faded by the end of the trading day, closing at 85,669—only a 5-point increase.
The positive trend continued on October 8, when the KSE-100 index soared by 753 points, reaching an all-time high of 85,663 points. On October 7, the index had already closed at 84,910, marking an increase of 1,378 points, or 1.65 percent.
