With the benchmark KSE-100 index rising more than 2,000 points and hitting an intraday high of 99,000 points, the Pakistan Stock Exchange (PSX) saw a notable upswing on Friday.
The market’s record-breaking success continues with this.
A good macroeconomic outlook and greater liquidity from banks, insurance firms, and mutual funds are credited with the recent upswing, creating an atmosphere that is conducive to investing.
The market’s strong performance has also been attributed by analysts to growing foreign exchange reserves and conjecture about government economic changes and privatization initiatives.
