The Pakistan Stock Exchange continued its record-breaking rally on Monday. Investors showed strong optimism ahead of the State Bank’s monetary policy decision.
At the start of the trading week, the KSE-100 index surged sharply. It jumped more than 1,800 points and crossed the 191,000 mark for the first time.
During the session, the index touched an all-time high of 191,032 points. This milestone reflected strong investor confidence and heavy buying activity.
The rally followed last week’s positive performance in the market. Previously, the KSE-100 index gained 1,478 points and closed at 189,166 points.
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Meanwhile, attention has shifted to the State Bank of Pakistan. The central bank is set to announce its monetary policy later on Monday.
The Monetary Policy Committee will meet at 10:30 a.m. under the SBP governor. It will decide the key interest rate for the next two months.
Currently, the policy rate stands at 10.5 percent. In the last meeting, the committee cut the rate by 50 basis points.
Additionally, the committee will review key economic indicators. These include trade data, manufacturing output, remittances, reserves, and global oil prices.
