PSX rises higher as investors weigh SBP outlook, reserve uptick
The stock market gained on Monday as mid-caps outperformed on expectations of interest-rate cuts, a moderate current-account deficit, debt-restructuring bets and optimism around cheaper funding via a prospective panda bond launch. The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index traded between a high of 187,491.69 (up 2,392.86 points, or 1.29%) and a low of 186,127.35…