Bulls maintained control of the trading floor as shares at the Pakistan Stock Exchange (PSX) climbed 500 points on Monday ahead of the central bank’s Monetary Policy Committee (MPC) meeting on January 27.

The benchmark KSE-100 index climbed 817.68 points, or 0.71 per cent, to stand at 116,089.76 points from the previous close of 115,272.08 at 2:29pm.

Finally, the index closed at 115,844.81, up by 572.73 or 0.5pc, from the last close.

Mohammed Sohail, chief executive of Topline Securities, attributed the upward trajectory to “signs of political stability, along with expectations........

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