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Home Business

Pakistan Stock Exchange crosses 55,000-point mark in intraday trade

by News Publishing
November 10, 2023
in Business, Main
Reading Time: 1 min read
0
Pakistan Stock Exchange crosses 55,000-point mark in intraday trade
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On Friday, the Pakistan Stock Exchange (PSX) reached a historic milestone as the KSE-100 index soared beyond the 55,000-point threshold during intraday trading. The impressive surge, marked by a gain of over 833 points, was attributed to various positive factors.

These factors include increased clarity on the election date and optimistic expectations regarding a favorable review from the International Monetary Fund (IMF). The PSX’s achievement of an all-time high record reflects positive sentiments and market confidence.

KSE100 crossed 55k level trading at all time high

KSE-100 index went up by 841 points (55,102 pts, +1.55%, on intraday basis) DoD ; crossing 55k level.@Pakstockexgltd#KSE100 #PSX #Equities #Pakistan pic.twitter.com/fipHcVda5d

— Arif Habib Limited (@ArifHabibLtd) November 10, 2023

News Publishing

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