A broker talks on the phone at the Pakistan Stock Exchange in Karachi on May 20, 2024. — PPI

Pakistan stocks steam ahead, crossing 101,350-point milestone

by Pakistan News
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A broker talks on the phone at the Pakistan Stock Exchange in Karachi on May 20, 2024. — PPI

The capital market extended its record-breaking rally on Thursday, surging past the 101,350-point mark as easing political tensions and an improved economic outlook, bolstered by a lower inflation forecast, fuelled investor confidence.

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Shares Index secured 1,274.55 points or 1.27% to close at 101,357.32 points, after hitting an intraday high of 101,496.17 points.


This is a developing story and is being updated with more details.


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