As widely expected on Monday, Pakistan stocks surged massively at open with the KSE-100 Index going as high as 43,721.92, an increase of 2,269 points or 5.5%, before retreating slightly.
“Pakistan (stock) market opens at a record high,” said CEO of Topline Securities, Mohammed Sohail.
The increase breached the 5% barrier for more than 5 minutes, prompting a trading halt for an hour. Trading is expected to resume at around 10:37 am.
