PSX makes huge gains to start the week on a positive note.

Pakistan’s stock market started the new trading week on a positive note as the benchmark KSE-100 Index jumped over 2,700 points in early trade on Monday after US President Donald Trump announced that he had begun talks with Iran.

The bull run took the KSE-100 Index to 178,985 points, signifying restored investor confidence and broad-based buying in the market.

The rally came after the index finished at 176,094 points at the end of the previous trading session.

Market watchers said the high gains were fueled by a better mood among global investors after the announcement of US-Iran talks helped to quell fears over regional tensions and increase optimism in financial markets.