Pakistan Stock Exchange (PSX) experienced a tumultuous week, marked by historic highs and lows as profit-taking, policy changes and economic indicators stirred market sentiment. The State Bank of Pakistan's (SBP) decision to cut its policy rate by 200 basis points (bps) to 13% initially fueled investor optimism, propelling the KSE-100 …
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KSE-100 crosses 111,000 mark amid economic optimism – SUCH TV
The Pakistan Stock Exchange (PSX) achieved a historic milestone on Tuesday, surpassing the 111,000-point mark for the first time, propelled by strong macroeconomic indicators and rising remittance inflows. The KSE-100 Index surged 1,044.35 points, or 0.95%, to reach an intraday high of 111,014.73, building on Monday’s close of 109,970.38, underscoring …
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