Positive Triggers Propel PSX to Open New Week with Over 1,500-Point Gain

The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bullish on Monday, gaining 1,536.70 points, a positive change of 1.34 percent, closing at 116,390.04 points as compared to 114,853.33 points on the last trading day. A total of 484,547,019 shares were traded during the day as compared to 458,589,593 shares the previous trading day, whereas the price of shares stood at Rs. 27.430 billion against Rs. 31.628 billion on the last trading day. As many as 455 companies transacted their shares in the stock market, 247 of them recorded gains and 145 sustained losses, whereas the share price of 63 companies remained unchanged. Topline Securities said in a note that the upbeat momentum was largely driven by better-than-expected inward remittance figures, which significantly bolstered investor sentiment. Further support came from a broadly positive trend across regional markets, which encouraged local investors to re-enter and build fresh positions across key sectors, it added. Earlier in the day, State Bank of Pakistan (SBP) Governor Jameel Ahmad announced that workers’ remittances reached an unprecedented $4.1 billion in March 2025, prompting the central bank to revise its annual projection upward.