Sun, 19 May 2024
( 11 Dhul Qidah 1445 )

PSX soars to all-time high, crosses 74,000 milestone

13 May, 2024 15:13

Pakistan Stock Exchange is witnessing a tremendous boom during business today.

Pakistan Stock Exchange had a positive start on the first day of the business week and the 100 index rose by 55 points to 73,141 while the index rose by 833 points to 73,918 during the trading session.

The Pakistan Stock Exchange saw more momentum during the second business session and the index crossed the 74,000 level with an increase of more than 1,000 points overall.

It should be noted that at the end of the last business week, there was a historic day in the Pakistan Stock Exchange and the 100 index closed at more than 73,000 points for the first time.

Meanwhile, an official at Intermarket Securities said that the surge was attributed to market optimism.

He added, moreover, the market is also driven by positive news flow on future talks with the International Monetary Fund (IMF) for a new programme.

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