Shares at the Pakistan Stock Exchange’s benchmark index gained more than 400 points in the intraday on Monday.

According to the PSX website, the KSE-100 index gained 451.33 points, or appreciated by 0.75%, to reach 60,324.29 levels by 11:45am.

The PSX lost over 3,000 points in post-election week. The KSE 100-index closed at 59,872.96 points plunging by a staggering 3,071.04 points or 4.9% week-on-week.

Experts have attributed such a market sentiment to the confusion over the formation of new government and protests against the alleged rigging in the elections.

The index lost over 2,280 points in the last two sessions when the PTI announced its decision to form governments in the Centre, Punjab and Khyber Pakhtunkhwa.

Some experts have also blamed the rejection of the proposed plans related to curtailment of the energy circular debt, hike in gas and petrol prices, and industrial power tariff by the International Monetary Fund for affecting the market sentiment.