PSX Closing Bell: A Mild Upswing

According to Mettis Global, the benchmark KSE-100 index ended Monday 0.16 per cent higher at 171,153.16, a rise of 268.58 points. Cement, fertiliser and energy shares drove the gain, and the index never slipped below the previous close.

Lower oil prices offered some support as traders tracked how quickly Saudi oil flows were rebounding after missile and drone attacks by the Iran-backed Houthis on Saturday. Investors also felt relief as worries about possible supply disruptions eased.

Out of the index's 100 stocks, 55 finished higher, 41 lower and 4 were unchanged. LUCK contributed the largest index gain of 89.34 points, while PSEL pulled the index down by 74.89 points. The broader All-Share Index rose 0.17 per cent to 103,477.03, although traded value fell by Rs2.31bn to Rs20.10bn.