The Pakistan Stock Exchange (PSX) continued last week’s renewed momentum and crossed the 120,000-point barrier to reach a record high during intraday trade on Monday before losing its gains to settle a little below.

The benchmark KSE-100 index climbed 636.4 points, or 0.53 per cent, to stand at 120,285.54 points from the previous close of 119,649.14 points at 9:33am.

However, it witnessed fluctuation, dropping to 119,426.44 points at 11:44am, 222.70 points lower than the last close.

The market subsequently closed at 119,689.63 points, 40.49 points higher, or 0.03pc.

After the Pakistan-India ceasefire relieved investors’ worries, the PSX recorded a historic rebound last week as the........

© Dawn Business