Pakistan, June 30 -- The Pakistan Stock Exchange (PSX) closed at a new all-time high on Monday. The benchmark KSE-100 Index gained over 1,200 points, ending the session at 125,627. This one percent jump continued the market's strong upward momentum. Investors stayed confident following the smooth approval of the federal budget.

The index touched an intraday high of 125,748 before settling slightly below it. This rise follows last week's gain of 4,355 points when the index closed at 124,379. Analysts say a combination of economic clarity, reduced geopolitical risks, and expected policy stability helped boost market performance.

Most sectors showed positive activity, adding to the bullish sentiment. Market watchers also credited global fa...