Saturday, October 12, 2024

Pakistan Stock Market Surpasses 57,000 Mark for First Time in History

On Thursday, the Pakistan Stock Exchange (PSX) experienced a significant increase, reaching a historic high as the KSE-100 index surpassed 57,000 for the first time.

Last month, the index had already broken the six-year record by exceeding 50,000, and this momentum continued as the country approached elections and secured external financial support.

The positive atmosphere in the financial market is credited to the agreement between Pakistan and the International Monetary Fund (IMF) on the initial review under the Stand-By Arrangement (SBA).

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