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Shares at PSX gain nearly 500 points on political clarity
Shares at the Pakistan Stock Exchange (PSX) traded in the green on Monday, gaining nearly 500 points, with the analysts attributing the ongoing trend to clarity on the government structure.
The KSE-100 index gained 904.03, or 1.44 per cent, to stand at 63,719.84 at 1:03pm from the previous close of 62,815.81. It finally closed at 63,305.93, up 490 points or 0.78pc.
Mohammed Sohail, chief executive of Topline Securities, credited the rally to “clarity on the new government structure”.
Tahir Abbas, head of research at Arif Habib Limited, also attributed the........
© Dawn Business
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