KARACHI: Pakistan Stock Exchange's (PSX) benchmark KSE-100 Index gained over 1,200 points to close above 81,000, as investors cheered staff-level agreement between Pakistan and International Monetary Fund (IMF).

KSE-100 started session with strong buying spree that largely continued throughout session. At close, benchmark index settled at 81,155.6, up by 1,211.51 points or 1.52 percent. "This positive session was bolstered by Pakistan's successful negotiation with IMF," brokerage house Topline Securities in its post-market report. Leading stocks including SYS, MCB, FFC, POL, HUBC, and ENGRO contributed significantly, collectively adding 599 points to index's rise, it  Volume on all-share index marginally increased to 441.34 million from 437.31 million session ago. Value of shares rose to Rs 27.23 billion from Rs 23.48 billion in previous session. PIA Holding Company was volume leader with 35.76 million shares, followed by Pak Elektron with 25.84 million shares and WorldCall Telecom with 24.92 million shares. Shares of 457 companies were traded on Monday, of which 265 registered an increase, 141 recorded fall while 51 remained unchanged. Globally, US bond futures slipped and dollar firmed on Monday as investors wagered attack on US presidential candidate Donald Trump made his victory more likely, while injecting whole new level of political uncertainty into markets. S&P 500 futures and Nasdaq futures were both marginally higher.