Pakistan stock exchange (PSX) shows a bullish trend with the KSE-100 index gaining 380 points at the start.
Karachi: Pakistan's stock market shows a promising bullish trend as it kicks off the trading day with a notable surge.
The KSE-100 Index witnessed a substantial increase of 380 points during early trading.
The stock market's bullish run continues, with the KSE-100 Index initially surging by 380 points to reach 48,400 points.
However, a slight correction took place, and according to the latest updates, the index is trading at 48,117 points with an increase of 82 points.
Yesterday, Pakistan's stock market achieved a significant milestone, crossing the 48,000 points mark after two years.
It had closed at 48,034 points following a gain of over 900 points.
Experts attribute the positive impact on the stock market to the State Bank's decision to maintain the interest rate at 22%.
The oil and gas sector and cement shares have captured investors' attention and are at the forefront of the market's positive momentum.
Sony’s DualSense controllers are almost 30 percent off
- a day ago
WHO chief visits epicentre of Ebola outbreak in DR Congo
- 6 hours ago
Minhas helps Pakistan dismiss Australia for 200 in first ODI
- 6 hours ago
Robinhood will let your AI agent trade stocks and make (or lose) lots of money
- a day ago
SpaceX gets $4 billion contract to build missile-tracking ‘Golden Dome’ satellites
- a day ago
Why Trump is investigating E. Jean Carroll
- 12 hours ago
Pope Leo calls for being ‘profoundly human’ in the age of AI
- 14 hours ago
Pakistan's Youth Leader Fahad Shahbaz makes Forbes 30 under 30 Asia
- 11 hours ago
Meta plans AI pendant, 'wearables for work' in hardware boost: report
- 6 hours ago
Pakistan’s children on the front line of a climate crisis rewriting childhood
- 11 hours ago
The real lesson of the E. Jean Carroll investigation is Trump’s weakness
- 21 hours ago
US ready to restart strikes on Iran if no deal, says Pentagon chief
- 10 hours ago
