Thursday, December 7, 2023

Pakistan Stock Exchange Reached a New Peak Crosses 54,000 Points Milestone

On Tuesday, the Pakistan Stock Exchange (PSX) achieved a significant milestone, as its main KSE-100 index crossed the 54,000-point mark, reaching an all-time high.

This rise was driven by a gain of over 359 points, influenced by several positive factors, including clarity about the election date and optimistic expectations of a positive review from the International Monetary Fund (IMF).

At 10 a.m. on Tuesday, the Pakistan Stock Exchange (PSX) 100 index was observed trading at 54,220 points.
According to market analysis, the KSE-100 index saw a significant increase of 737 points on Monday, eventually closing at 53,860.36 points.

Throughout the day, shares of 365 companies were actively traded, with 253 companies recording positive gains, 97 experiencing negative trends, and 15 companies remaining stable without significant changes.

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