LAHORE (Dunya News) - The Pakistan Stock Exchange witnessed a strong recovery on Monday, as trading opened on a sharply positive note following a period of sustained decline.
At the start of the business week, the benchmark KSE-100 Index surged by more than 4,000 points, briefly climbing to 167,245 points during intra-day trading.
However, by the close of the session, the index pared some gains but still ended firmly in positive territory, settling at 163,948 points — up 954 points from the previous close.
In the last trading session of the previous week, the KSE-100 Index had closed at 162,994 points, indicating a notable improvement in market sentiment.
Meanwhile, broader optimism was also observed across regional markets after the United States decided to ease tensions by ending the blockade of the Strait of Hormuz, boosting investor confidence globally.
Asian markets mirrored the upbeat trend, with Hong Kong’s Hang Seng Index rising by 1.71 per cent, Malaysia’s FTSE Bursa Malaysia Index gaining 0.43 per cent, and Japan’s Nikkei 225 increasing by 0.38 per cent.
Similarly, Thailand’s SET Index edged up by 0.13 per cent, while China’s Shanghai Composite Index recorded a modest gain of 0.11 per cent.