KSE-100 surged 730 points at one point to hit a high of 43,256.57, before profit-taking trimmed some of the intra-day gains. At close on Monday, the KSE-100 Index ended with an increase of 588.13 points or 1.38% to finish at 43,112.12. “The market opened on a strong note and built on gains as the day progressed aided by strong institutional flows,” Raza commented. Banking sector extended its previous week rally where big banks boosted the index by 163 points. FFC (+5%) and FFBL (+5%), from the aforementioned sector, closed at their respective upper circuits.

Source: The Express Tribune January 08, 2018 12:37 UTC