Stock market makes highest recovery in ten months

The KSE-100 index recovered 1312 points, closing at 39,296 on Monday, this marked the highest intra-day positive change of 3.34% since May 22, 2019. Analysts have cited a number of positive developments in the region to explain the recovery. Of them, the US-Afghan peace deal is being dubbed a key factor, while the cut in inflation rates and oil fuel prices are also said to be a reason.

The market performance since the first of January still records a negative 3.53% as the highest increase since the beginning of the year was 43,218 points in the benchmark index.

Source: Samaa