Pakistan

PSX witnesses big boom after IMF deal

The Hundred Index jumped 5.3 percent at the start of trading, after which trading was halted for an hour.

GNN Web Desk
Published a year ago on Jul 3rd 2023, 10:41 am
By Web Desk
PSX witnesses big boom after IMF deal

Karachi: Pakistan Stock Exchange witnessed history for the first time in Pakistan on the opening of business on Monday.

According to details, after the $3 billion deal from International Monetary Fund (IMF), the first day of business is witnessing a huge boom and for the first time in the history of Pakistan Stock Exchange, the business started with an increase of 2230 points.

The Hundred Index jumped 5.3 percent at the start of trading, after which trading was halted for an hour.

​At the start of business, Hundred Index crossed the level of 43,000 and the index went up to 43,521 with an increase of 2068 points.