Stocks gain 452 points on expected IMF deal

Shares at the Pakistan Stock Exchange (PSX) witnessed a bullish trend in early trading session on Monday. The benchmark KSE-100 index gained 452.03 points, or 1.08 percent, to reach 42,246.69 points at 10:38 am. According to market analysts, positive sentiments prevailed at the PSX because of reports of expected IMF deal this week and reported extension in Saudi Arabia's deferred oil facility by a year.