PSX hits record high of 55,000

Share This
PSX hits record high of 55,000
39

The Pakistan stock market hit a record high on Friday, with the main index crossing the 55,000 mark for the first time.

The KSE-100 index gained 1,102.69 points, or 2.01%, to close at 55,364.11 points. This was the highest level ever reached by the index.

The market was boosted by positive news on the economy, including a recent announcement from the International Monetary Fund that it would be approving a new loan for Pakistan.

Analysts said that the market was also being supported by strong corporate earnings and investor optimism about the future of the Pakistani economy.

Pakistan State Time is a versatile digital news and media website that covers all latest news developments on 24/7 basis.

- Advertisement -

Advertisement With Us
Advertisement With Us
Need Help? Chat with us