Tuesday, October 8, 2024

Pakistan Stock Exchange Hits Historic High! Surpasses 85,000 Mark

The Pakistan Stock Exchange (PSX) continued its strong upward trend, gaining more than 500 points and crossing the 85,072 mark. This achievement reflects the positive impact of the government’s careful economic policies.

Experts point out that several factors have contributed to this rise, including the State Bank of Pakistan’s recent reduction in its policy rate, lower inflation, and a drop in fuel prices. These changes have boosted investor confidence, leading to increased participation in the stock market.

Both foreign and local investors are showing more interest in the PSX, encouraged by these favorable conditions. The government’s efforts to stabilize the economy seem to be paying off, as seen in the stock market’s impressive performance.

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