KARACHI: The Pakistan Stock Exchange (PSX) continued its positive momentum on Wedn­esday, as investors rema­ined upbeat ahead of a significant agreement bet­ween the government and commercial banks aimed at tackling the country’s power sector circular debt.

Despite concerns about an upcoming IMF review for the release of the third tranche of $1bn starting Sept 25, the benchmark KSE 100 index surged past the 158,000-point mark.

According to Topline Securities, the market opened strong, with the KSE 100 index rising by as much as 1,101 points during the session. The rally was largely........

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