PSX soars to all-time high, crosses 80,000 milestone
21 June, 2024 10:04
100-index of Pakistan Stock Exchange (PSX)
The 100 index of the Pakistan Stock Exchange made a new history today.
Pakistan Stock Exchange 100 index is witnessing a sharp rise for the second consecutive business day after Eidul Fitr.Β The 100 index saw a rise since the opening of business today and at one point the index was seen trading at 80.001 after a gain of 1.199 points.
It should be remembered that on the first business day after Eidul Fitr, the 100 index of Pakistan Stock Exchange closed at 78.802 points with an increase of 2.o95 points.
Saad Ali from Intermarket Securities saidΒ that the market rally continues as optimism for another IMF programme has risen after the budget and base power tariff hike before Eid holidays.
He added that Fitch rating thinks that the budget is good enough for an IMF program. Also, market is taking positively PMβs plan to reduce power tariff for industries.
Catch all the Business News, Breaking News Event and Trending News Updates on GTV News
Join Our Whatsapp Channel GTV Whatsapp Official Channel to get the Daily News Update & Follow us on Google News.
Must Read
