Pakistan Stock Exchange crosses historic 60,000 points mark

The Pakistan Stock Exchange (PSX) surpassed 60,000 points for the first time in its history following the bullish trend on Tuesday.

At 10:00 in the morning, the market gained 611 points, reaching 60,423 points.

The market had already rebounded to the 53,000-point mark in early November, marking its highest level in six years. Analysts attribute this performance to factors such as the IMF deal, fiscal discipline by the government, and efforts to curb smuggling and manipulation of the dollar.