The International Monetary Fund (IMF) loan program’s approval led to a bullish market sentiment that propelled the Pakistan Stock Exchange (PSX) to an all-time high on Thursday.
The index reached a high of 83,000 points at one point as the market kept moving upward. The stock market has never been higher than it is now.
During the trading day, the benchmark KSE-100 Index saw a notable increase of 450 points, culminating in a new high of 82,700 points.
The country’s financial stability has been greatly enhanced by the IMF’s approval of the loan package, which has caused a spike in trading activity and an increase in the stock market of more than 600 points at the opening of trading on Thursday.
