July 03, 2023 (MLN): Pakistan stock exchange (PSX) on Monday opened on a bullish note as investors responded positively to the long-standing Staff Level Agreement (SLA) worth $3 billion finally being signed on Friday between the International Monetary Fund (IMF) and Pakistan, while the stock market was close.

This led the KSE-100 index to gain over 2228.72 points or 5.38% [09:32 PST] so far. The index is currently trading at a 43,681.43 point level.

Notably, this open was at all-time record high of 2,230 points (5.3%).

Sectors propping up the Index were Commercial Banks with 436 points, Fertilizer with 312 points, Oil & Gas Exploration Companies with 287 points, Cement with 248 points and Technology & Communication with 196 points.

The most points added to the Index was by HUBC which contributed 147 points followed by ENGRO with 145 points, UBL with 125 points, SYS with 118 points and OGDC with 109 points.

Copyright Mettis Link News 

Posted on: 2023-07-03T09:36:58+05:00