Pakistan Stock Exchange makes a strong recovery

*KARACHI: The Pakistan Stock Exchange (PSX) continued to rally afterKSE-100 index witnessed an increase of 1770 points on Monday morning ascountry is set to elect a new prime minister with Opposition candidateShehbaz Sharif having a clear majority in the National Assembly.*

The KSE-100 index traded crossed the 46,000 mark today and traded at 46,215point at the beginning of the day. The PSX began the trading with 1300points up.

The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) on Fridayreversedlinkitsbearish trend soon after its opening and surpassed 44,000 mark, a day afterthe Supreme Court of Pakistan nullified the deputy speaker’s ruling againstno-confidence motion.

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The benchmark KSE-100 index gained 411 points as trading continued at 44,198 in the PSX.