PSX gains over 312.55 points

Karachi: The 100-index of the Pakistan Stock Exchange (PSX) witnessed a bullish trend on Thursday and gained 312.55 points following the announcement by the Election Commission of Pakistan to hold elections in January.

The KSE-100 index displayed a notable improvement, recording a 0.68 percent gain and closed at 46,202 points after gaining 312 points.

In a statement today, the Election Commission of Pakistan (ECP) announced that general elections would be held in the last week of January 2024.

The ECP said that it reviewed work on delimiting constituencies and decided that the initial list for the delimitation of constituencies would be published on September 27.

“The final delimitation list will be published on November 30,” said ECP, adding that general elections will be held in the last week of January 2024 following the 54-day election schedule.

The electoral body was under immense pressure from the political parties regarding the announcement of the election date.