Pakistan Stock Exchange hits all-time high amid IMF optimism
Web Desk
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1 month ago
Karachi – The Pakistan Stock Exchange (PSX) continued its bullish run on Thursday, reaching an all-time high as investor sentiment remained positive over expectations of a staff-level agreement with the International Monetary Fund (IMF) for the next $1 billion loan tranche.
The KSE-100 index surged by 1,330.22 points, hitting a new intraday peak of 119,304.24 points, reflecting a 1.13% increase. This momentum followed Wednesday’s rally, where the index gained 972.94 points, closing at 117,974.03 points.
Market activity remained strong, with a total of 544.2 million shares traded, valued at Rs32.31 billion. Out of 315 companies participating in the session, 208 saw gains, 102 recorded losses, and five remained unchanged.
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