ISLAMABAD: The bulls were out of control at the Pakistan Stock Exchange as in the first hour of trading on Monday they went up by 1,136 points tossing the index to well over 62,000 mark. The buying was robust taking the benchmark KSE-100 index to 62,828, with 63,000 barrier next in line. The stocks took up their cue from the last trading session when the index had crossed the 61,000 mark with a jump of 1,160 points. Across-the-board buying was witnessed on Friday with index heavy sectors including automobile assemblers, cement, chemical, commercial banks, oil and gas exploration, OMCs and refinery sector trading in the green. In November, the KSE-100 had posted a return of 16.6%, the highest after March 2009 (excluding April 2020 return i.e. 16.7% in post-Covid month), brokerage house Arif Habib Limited had said in a note earlier. DNA<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD: The bulls were out of control at the Pakistan Stock Exchange as in the first hour of trading on Monday they went up by 1,136 points tossing the index to well over 62,000 mark. The buying was robust taking the benchmark KSE-100 index to 62,828, with 63,000 barrier next in line. The stocks took […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-372225","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-top-news"},"yoast_head":"\n