KARACHI; The Pakistan Stock Exchange (PSX) saw a strong rebound on Monday as fresh buying momentum lifted the benchmark KSE-100 Index by more than 900 points during intra-day trade.
By 3:15 pm, the index was recorded at 155,362.57, up 922.89 points or 0.6%.
The surge follows several sessions of profit-taking, signaling renewed investor confidence in the market.
Meanwhile, in a parallel development, the State Bank of Pakistan’s Monetary Policy Committee (MPC) announced that the policy rate would remain unchanged at 11%, a decision widely anticipated by the market.