Breather At Last For Pak Markets

Karachi: The Pakistan Stock Exchange (PSX) on Monday gained a record nine per cent increase in trading, as India and Pakistan reached an understanding to halt all military actions. With the geopolitical situation limping back to normalcy, the KSE-100 index scored high during intraday trading. The index opened with a gain of 9,929.48 points, or 9.26 per cent, to stand at 117,104.11 points from the previous close of 107,174.63. The understanding reached between the two countries has apparently boosted investor’s mood and confidence,” said Fatima Bucha of AKD Securities.