PSX has a significant increase when the KSE-100 index surpasses the 186,000 threshold.

The Pakistan stock market began the new trading week on a positive note as the KSE-100 Index, the benchmark index, crossed the 186,000 points mark after gaining over 1,100 points in early trade.

The benchmark index opened Monday’s session up more than 1,100 points at 186,868, indicating ongoing bullish momentum in the market.

The rally extended the bullish trend seen in recent sessions, with investors continuing to show strong purchasing activity at the opening of trade.

The KSE-100 Index had completed the previous trading week at 185,910 points, so Monday’s early gains were a continuation of the market’s upward trajectory.

Asian share markets stuttered on Monday as caution took hold before of a major earnings season for the AI industry, while the likelihood for additional supply knocked on oil prices and promised relief from inflationary pressures, Reuters reported.

There were no significant advancements in the acrimonious U.S.-Iran peace talks, but ships are flowing through the Strait of Hormuz with 160 vessels recorded going through from Monday to Saturday last week.

South Korea’s red-hot market cooled a tad last week but is still up 90% year-to-date as AI demand and tight supplies raise chip prices. The index was down 0.8% Monday. Japan’s Nikkei lost 0.4%.

MSCI’s broadest index of Asia-Pacific shares outside Japan lost 0.2%, while Chinese blue chips were flat.

In Europe, EUROSTOXX 50 futures declined 0.1%, and DAX and FTSE futures were unchanged. S&P 500 futures climbed 0.2% and Nasdaq futures gained 0.7% after a 2.1% advance last week.The Pakistan stock market entered the new trading week on a positive note on Monday as the benchmark KSE-100 Index crossed the 186,000-point level after gaining over 1,100 points during early trading.

The benchmark index opened Monday’s session up more than 1,100 points at 186,868, indicating ongoing bullish momentum in the market.

The rally extended the bullish trend seen in recent sessions, with investors continuing to show strong purchasing activity at the opening of trade.

The KSE-100 Index had completed the previous trading week at 185,910 points, so Monday’s early gains were a continuation of the market’s upward trajectory.

Asian share markets stuttered on Monday as caution took hold before of a major earnings season for the AI industry, while the likelihood for additional supply knocked on oil prices and promised relief from inflationary pressures, Reuters reported.

There were no significant advancements in the acrimonious U.S.-Iran peace talks, but ships are flowing through the Strait of Hormuz with 160 vessels recorded going through from Monday to Saturday last week.

South Korea’s red-hot market cooled a tad last week but is still up 90% year-to-date as AI demand and tight supplies raise chip prices. The index was down 0.8% Monday. Japan’s Nikkei lost 0.4%.

MSCI’s broadest index of Asia-Pacific shares outside Japan lost 0.2%, while Chinese blue chips were flat.

In Europe, EUROSTOXX 50 futures declined 0.1%, and DAX and FTSE futures were unchanged. S&P 500 futures climbed 0.2% while Nasdaq futures rose 0.7% after a 2.1% increase last week.