Stocks extended their rally on with the KSE-100 index up by 480.47 points or 1.55 per cent to close at 31,491.62.
The market, which had started to rebound in the last two days of the previous week, saw further acceleration in gains as several positive factors helped boost investor interest.
The growing optimism over the settlement of disputes between the two major political parties dissipating immediate threat to the government; the receipt of $1.05 billion from the International Monetary Fund and slight rebound in oil prices, all helped to pull investors back to the market.
Institutional investors also indulged in cherry-picking ahead of the earnings season.
