Pakistan Stock Exchange began Tuesdya on a negative note after the previous day saw a dip in the market.

The 100-index gained over 200 points in the opening session to cross the 63,000-point mark.

The market had seen a bearish Monday, losing over 1,000 points to fall to 62,773 points.

The rebound comes after the State Bank of Pakistan (SBP) on Monday maintained status-quo in the policy rate at 22% for the fifth consecutive time.

“The MPC [Monetary Policy Committee] decided that the current policy rate, which is 22pc, will continue. In other words, it decided to maintain status quo,” SBP Governor Jameel Ahmad said during a press conference in Karachi.