The KSE-100 Index on Monday made a new historical record and reached an intraday high of 183,964.37 before easing slightly towards the end.

It closed at 182,408.23, registering an increase of 3,373.31 points or 1.88%.

Pakistan stocks on Monday surged in early trading as the KSE-100 Index crossed 181,000 intraday for the first time.

Bulls extended their run at the Pakistan Stock Exchange and pushed the benchmark KSE-100 Index past the 181,000 mark during early trading. The milestone was achieved within minutes of the market opened which reflected strong investor confidence.

At 9:40 am, the benchmark index hovered at 180,863.49, while gaining 1,828.56 points, or 1.02%. The sharp rise has signaled broad-based buying and sustained momentum from recent sessions.

Buying interest was seen across several heavyweight sectors, which supported the early surge. Automobile assemblers had attracted fresh inflows as investors positioned for sector-led gains.

Cement stocks traded higher amid expectations of improved construction activity. Commercial banks had also advanced, which contributed to the index due to their heavy weightings.

Oil and gas exploration companies also moved into positive territory, while tracking broader market optimism. Oil marketing companies had followed the upward trend, which benefited from improved sentiment.

Power generation stocks also traded higher and added to overall market breadth. Gains in these sectors pushed the bullish tone seen at the opening.Stock Market Continues Momentum

Index-heavy shares also remained firmly in the green throughout the early session. HUBCO, MARI, OGDC, POL, and PPL posted solid gains and supported the benchmark.

Other major stocks, including PSO, SNGPL, and SSGC, also traded higher. Banking heavyweights HBL, MCB, MEBL, and UBL added further upside pressure.

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