The Pakistan Stock Exchange (PSX) continued its record-breaking rally on Monday, with the benchmark KSE-100 Index registering new highs after gaining over 900 points during trading. Benchmark Index Performance At 12 PM, the benchmark index was at 90,936.21, reflecting an increase of 942.25 points or 1.05%. Earlier in the day, it reached an intra-day high of 91,054.83. Sector Highlights Buying …
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Pakistan Stock Market Surges to 6-Year High on Investor Confidence
Introduction: Pakistan’s stock market, the Pakistan Stock Exchange (PSX), achieved a significant milestone by closing at its highest level in six years. Various factors have contributed to the bullish sentiment among investors, including financial support from Saudi Arabia and the UAE, a recent IMF bailout, and positive economic indicators. Financial Support and IMF Bailout: Saudi Arabia and the UAE provided …
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