A stockbroker takes a picture with his cell phone after the Pakistan Stock Exchange made history surging past the significant 100,000-point mark, on November 28, 2024.— INP
Stocks remained in top gear on Thursday, continuing their forays into uncharted territory, driven by fading political uncertainty and brighter economic prospects, with a tame inflation outlook boosting optimism for a hefty rate cut by the central bank in December.
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.
