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Baner Club > Blog > Marketing > KSE-100 index restores 80,000-point mark ahead of IMF ‘expected’ deal
MarketingPakistan

KSE-100 index restores 80,000-point mark ahead of IMF ‘expected’ deal

The return to the 80,000-point level marks a positive shift in the financial landscape

Last updated: 2024/09/18 at 3:41 PM
Published September 18, 2024
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After two months of volatility, the Pakistan Stock Exchange (PSX) has returned to the 80,000-point threshold.

With Pakistan’s recent agreement with the International Monetary Fund (IMF) and political stability, investor confidence has returned, as seen by the benchmark KSE-100 Index, which increased by 800 points to close at 80,300 points.

As the nation’s political unrest has subsided and the economy has become more stable, the stock market has experienced a comeback.

The IMF accord has also improved investor sentiment, which has boosted activity and caused the stock exchange to climb sharply.

Analysts surmise that the notable increase in market performance can be attributed to these events as well as policy measures targeted at economic transformation.

Investor optimism about future growth is reflected in the financial landscape’s positive shift following the recovery to the 80,000-point level.

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admin September 18, 2024 September 18, 2024
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