The buying momentum continued at the Pakistan Stock Exchange (PSX) on Monday, pushing the KSE-100 index to a record high above 191,000 points for the first time.
The surge came ahead of the State Bank of Pakistan’s Monetary Policy Committee meeting today, amid speculation of a potential change in the interest rate.
At 10.05am, the KSE-100 index stood at 190,836.78 points, marking an increase of 1,669.96 points, or 0.88 per cent, compared to the previous trading session.
Investor interest was particularly strong in key sectors, including automobile assembly, cement, fertiliser, oil and gas exploration companies, oil marketing firms, power generation, and refineries.