KARACHI:

The Pakistan Stock Exchange opened the week on a strong footing, with the KSE-100 index gaining 1,590 points to close at 163,847.69, marking a 0.98% increase on the day.

Buying interest remained steady throughout the session, pushing the index to an intra-day peak of 163,903.62, while the day’s low came in at 162,058.64. Market activity remained brisk, with trading volumes hitting 483.7 million shares.

Investor sentiment was supported by the ongoing visit by a delegation of the International Monetary Fund (IMF) to Islamabad, where discussions are underway regarding the second review of the Extended Fund Facility (EFF) and the first assessment under the Resilience and Sustainability Facility (RSF).

Additional strength came from Finance Minister Muhammad Aurangzeb’s initiating a

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