KARACHI – Bulls continue to rule the Pakistan Stock Exchange (PSX) on Friday as investors responded positively to the budget proposal for next fiscal year 2024-25 and ongoing talks with the International Monetary Fund (IMF).
In early trading session till 9:50 am, the KSE-100 index benchmark has gained 1204 points to soar to all-time high of 80,006 points as compared to previous day’s closing of 78,801.
It is for the first time in history of Pakistan that national stocks have breached the 80,000 points ceiling. Experts believe that the PSX could jump beyond 100,000 points mark within next 12 months if the upward trend continues.
More to follow…
