PSX in early rally over FATF’s decision
The optimism around the economy following Pakistan’s removal from the FATF grey list caused a bullish trend in Pakistan Stock Exchange (PSX) Monday, gaining 356.45 points, driving the index to 42,474.72 points against 42,213.48 points from the last working day.
The KSE-100 index opened at 42,569.93 points on Monday morning.
However, an early rally of around 356.45 points saw the index rise to a high of 42,569.93 points.
So far, the most active stock contributing to the index’s performance was Power Generation and Distribution with the highest change of 1.88% rising to 55.29points.
Worldcall Telecom Limited, however, is the volume leader, gaining 4.61%.
