The Pakistan Stock Exchange recorded a range-bound session on Monday and the KSE-100 Index inched up 0.09% as investors weighed sentiment on the monetary policy announcement that was made after the trading hours. After the close of the market, State Bank of Pakistan Governor Jameel Ahmad notified 100bps increase in the policy rate to 17%. Negativity at PSX: KSE-100 plunges over 1% owing to uncertainty By the end of the session, the benchmark index closed with a gain of 35.61 points or 0.09% at 38,443.

https://www.brecorder.com/news/40221905

#brecorder