PSX Closing Bell: Bulls Ring the Bell

The benchmark KSE-100 Index concluded Monday's trading session at 187,454.69, posting a gain of 2,082.49 points, or 1.12%, as investors extended aggressive buying amid easing global oil prices and an improving geopolitical backdrop, while optimism over stronger corporate earnings and economic stability further lifted sentiment. Market participants remained encouraged after oil prices edged lower as the Organization of the Petroleum Exporting Countries and its allies (OPEC+) agreed to increase output from August, while exports through the Strait of Hormuz continued to recover, easing concerns over global energy supplies. The softer oil price outlook, coupled with expectations of lower import costs for Pakistan, supported broad-based buying across key sectors, particularly banks, cement, fertilizer, and exploration companies.