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Pakistan Stock Exchange crosses historic 60,000 points mark

by Web Desk
November 28, 2023
in Business
0
PSX Jumps Over 1,500 Points to cross 64,000-mark
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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.

Tags: 60000 markPakistan Stock ExchangePSX
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