The benchmark KSE-100 index surged by 878.58 points, or 0.98%, to 90,872.54 during intra-day trading on Monday, giving the Pakistan Stock Exchange (PSX) a strong start to the week.
This spike, which comes after a previous finish of 89,993.96 points, indicates strong purchasing momentum as investor optimism rises.
Expectations of a possible interest rate drop by the State Bank of Pakistan (SBP) on November 4 are one of the causes that market analysts attribute to this increasing trend.
The ongoing earnings season and better liquidity conditions in the nation are also factors contributing to the favorable movement, according to Sana Tawfik, Deputy Head of Research at Arif Habib Limited.
