Bull maintained their hold of the trade floor at the Pakistan Stock Exchange (PSX) on Monday as shares climbed more than 1,000 points on strong macroeconomic indicators.

The benchmark KSE-100 index increased by 847.96, or 0.72 per cent, to stand at 118,163.54 from the previous close of 117,315.58 at 11:18am.

At 12:40pm, the index surged 1,477.00, or 1.26pc, to stand at 118,792.58 from the last close.

Finally, the index closed at 118,383.38, up by 1,067.80 or 0.91pc, from the last close.

Yousuf M. Farooq, director research at Chase Securities, said, “Positive news flow has driven improved market activity and a broad-based rally.”

He credited........

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