Pakistan, June 16 -- The Pakistan Stock Exchange (PSX) continued its upward momentum on Tuesday as the benchmark KSE-100 Index surged to an intraday high of 179,986.90 points, gaining 2,947.08 points, or 1.66%, driven by monetary policy stability, easing global oil prices and optimism over improving geopolitical conditions.

Investor sentiment remained strong after the State Bank of Pakistan (SBP) maintained its policy rate at 11.5%, a move widely interpreted by market participants as a signal of continuity in monetary policy. Traders said the decision helped reinforce expectations of controlled inflation and financial stability in the coming months.

During the session, the index fluctuated between gains and minor pullbacks, reflecting i...