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PSE surges, Hundred Index hits 20-month high

Overall stock market increased by 18% after International Monetary Fund (IMF) agreement.

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PSE surges, Hundred Index hits 20-month high
GNN Media: Representational Photo

Karachi: The Pakistan Stock Exchange (PSE) continues its bullish trend today (Thursday).

Karachi Stock Exchange (KSE) Hundred Index rose over 500 points to touch a 20-month high of 47,190 points. The stock market recorded a significant increase of 7177 points in one month.

According to the data, overall stock market increased by 18% after International Monetary Fund (IMF) agreement. The stock market was at 40065 points before IMF agreement.

The capitalization of Pakistan Stock Exchange increased by one thousand billion rupees in one month, after 2.5 years. Today the limit of 47 thousand points was restored in the stock market.

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