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.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Weekly inflation jumps to 38.4pc

According to the Pakistan Bureau of Statistics (PBS) showed on Friday, short-term…

Chinese Smartphone Maker Vivo to Enter Six European Markets

GUANGZHOU, Oct 22 (Xinhua/APP): Chinese smartphone manufacturer Vivo has announced to launch…

SBP reserves swell after $700m injection by China

Karachi: Pakistan on Friday received a new $700 million loan from China…

Electricity supply to Upper Chitral from Feb 1st: Khurram Dastgir

Federal Minister for Energy and Power Khurram Dastgir on Sunday said, on…