At midday on Thursday, the Pakistan Stock Exchange (PSX) accomplished a historic first by surpassing the 82,000-point threshold.
This increase is the result of favorable economic events that have raised investor confidence, such as the anticipated IMF agreement at the end of the month, a decrease in interest rates, and a current account surplus.
The KSE-100 Index peaked at 81,939 points on July 18, breaking the previous record set by the market, which was marked by a strong positive emotion. The index surged by 1,539 points during today’s trading session, hitting a record-breaking high of 82,000 points.
Experts credit a number of positive economic signs, such as the government’s loan negotiations with the IMF, for this unprecedented success.
