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.
Oil prices remained steady on Wednesday after sliding nearly 1% in the previous session, as global markets closely tracked the...
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Nishat Mills Limited (NML), the flagship company of the Nishat Group, has announced a wide-ranging expansion strategy covering renewable energy,...
Matco Foods Limited, one of Pakistan’s leading rice exporters and a major player in the food processing sector, has taken...
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Crescent Fibres Limited (CFL) has announced a temporary suspension of operations at its spinning unit in Nooriabad, Sindh, due to...
