Karachi (July 31, 2017): Bull run gripped Pakistan Stock Exchange (PSX) on Monday as the bench mark KSE-100 index gained over 1,100 points intra-day trade.
When trading started at PSX, investors become active and a buying spree was witnessed. The bench marks KSE-100 index moved upward in the opening session and went up over 1,100 points.
The benchmark index crossed 47,000 points at around 11am.
The market is experiencing a tumult since the past two months due to the Panama case in the apex court.
Experts said that after announcement of the Panamagate verdict, some stability has returned to the market.
Out of the 324 companies trading in the market on Monday, the value of shares of 267 companies went up.