Bulls return to PSX as shares climb 1,000 points on corporate results

Bulls took over the trading floor at the Pakistan Stock Exchange (PSX) as shares climbed more than 1,000 points on Monday after a week of persistent institutional selling. The benchmark KSE-100 index surged 1055.03 points, or 0.96 per cent, to stand at 111,377.96 points from the previous close of 110,322.93. Mohammed Sohail, chief executive of Topline Securities, while speaking to Dawn.com attributed the bullish momentum to “better-than-expected corporate results helping the market”. He added that the “first IPO of 2025” also signalled positive market sentiments.