KARACHI – The Pakistan Stock Exchange witnessed a significant surge right from the start and it is still on the path of upward trajectory.
The 100 Index crossed the highest-ever level of 85,423 points for the first time, after a 513-point increase at the beginning of the trading day.
The 100 Index is currently trading at 85,034 points, showing a 124-point rise.
On Monday, the index reached a record high of 85,047 during the trading day and closed at 84,910 with an increase of 1,378 points.
According to economic analysts, the market trend remains positive, as Pakistan received the first installment of the IMF agreement.
Moreover, Pakistan secured commitments for $3.2 billion in foreign loans for one year, including Saudi oil facility, contributing to the optimistic market sentiment.
