Bulls stage comeback at PSX on positive triggers

KARACHI: The bulls staged a comeback at the Pakistan Stock Exchange (PSX) on Monday, after a week of volatile trading, as the benchmark KSE-100 index registered a decent rally, starting the week on a positive note.
Bullish sentiment prevailed throughout the day that kept the KSE-100 index in the positive territory.
The trading activity received a major boost on news that Ishaq Dar is returning to Pakistan and will assume charge of the finance minister. The reports triggered a rally in the currency market.
Earlier, the trading session started on a positive note and the KSE-100 index continued its upward march with minor oscillations. At close, the benchmark KSE-100 index closed at 41,151.54 points with an increase of 531.33 points or 1.31%.
A report from Arif Habib Limited noted that the bulls dominated at PSX throughout the day. -Agencies