KARACHI: Bulls took charge of the Pakistan Stock Exchange (PSX) on Monday following the market gained new heights by gaining over 1334 points due to the new $7 billion International Monetary Fund (IMF) agreement, local media reported.
The KSE-100 index rose to 81,278.71 points, up by 1334 points during the intraday trading compared to the last close of 79,944.10 points.
EFG Hermes Pakistan’s Chief Executive Officer Raza Jafri said the market is reacting positively to the staff-level deal with the IMF.