The stock market rose on Monday as investors priced in an imminent International Monetary Fund (IMF) tranche and a stabilising regional backdrop amid earnings season momentum, with rupee steadiness and firming oil prices supporting risk appetite.

During the session, the Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index climbed to an intraday high of 163,935.02, gaining 2,303.29 points, or 1.43%, and registered a low of 161,892.59, reflecting a gain of 260.86 points, or 0.16%.

“Bullish activity witnessed on strong earnings outlook and imminent receipt of IMF tranche. Rupee stability and surging global crude oil prices played a catalyst role in bullish activity at PSX,” said Ahsan Mehanti, Managing Director and CEO of Arif Habib Commodities.

The International Monetary Fund’s board is expected to approve a $1.2 billion disbursement for Pakistan, with State Bank of Pakistan (SBP) Governor Jameel Ahmad telling analysts last week that a board meeting is likely by December to release funds under both the Extended Fund Facility and the Resilience and Sustainability Facility. 

On the macro front, weekly inflation measured by the Sensitive Price Indicator rose 0.12% in the week to October 30, taking the SPI to 335.53 from 335.14; on a year-on-year basis, the SPI was up 5.05%, according to the Pakistan Bureau of Statistics. 

After a losing streak earlier in the week, the market turned higher on Friday, gaining 4,898.86 points (3.13%) to close at 161,631.73 from 156,732.87. Analysts expect range-bound trade in the near term as investors track IMF timing, earnings releases, and developments on the Pakistan-Afghanistan ceasefire.

Selena Gomez says leaning on friends and therapy helps her reset.

The singer, 33, opened up about her mental health during the Rare Impact Fund Benefit in Los Angeles on October 29.

“Some days you just have to let yourself get it out, and then afterwards, a good laugh,” Gomez told People at the charity event, which aims to raise $100 million for youth mental health initiatives.

“I don’t know the key. I just know what works for me,” she added. “I like to maybe just see one friend, talk to my therapist, and lean on people who can really help.”

Gomez attended the event with her husband, Benny Blanco, 37, whom she married in a private ceremony in Santa Barbara, California on September 27.

Jennifer Lawrence is opening up about her postpartum depression.

The 35-year-old actress, who recently welcomed her second child with husband Cooke Maroney, says she deeply struggled right after delivering her baby.

Speaking at the red carpet at the New York City premiere of her new movie, Die My Love, Lawrence revealed: “I didn’t really end up having really bad postpartum [anxiety] until my second [baby].”

“I think that just added another layer,” she explains, adding, ”I mean, I don’t think that you have to have kids to play a parent by any means, but having that information about, you know, what a tiny person needs, and is looking for. Just having that information was helpful.”

“I just thought every time he was sleeping he was dead,” she told the outlet of her baby. “I thought he cried because he didn’t like his life, or me, or his family. I thought I was doing everything wrong, and that I would ruin my children.”

“You’re doing the most amazing thing for your baby,” Lawrence recalled the AI tool telling her. “You’re such a loving mother.”