Positive start of business in PSX, index crosses 80,000
100 Index gained 999 points to reach 80,016 at the beginning of the trading day
Karachi: The Pakistan Stock Exchange has seen a bullish trend at the start of business on Friday.
100 Index gained 999 points to reach 80,016 at the beginning of the trading day on Friday.
According to economists, the reduction in interest rates and progress in dealings with the International Monetary Fund (IMF) have positively impacted the stock business.
It is pertinent to note that State Bank of Pakistan (SBP) reduced the total policy rate by two percent to 17.5 percent, which was earlier 19.5 percent.
On the other hand, it was also reported yesterday that the IMF board meeting will be held on September 25, in which the special loan program for Pakistan is likely to be approved.
NDMA predicts light rainfall in Islamabad on Dec 23-24
- 6 hours ago
Sigourney Weaver makes West End debut in ‘The Tempest’
- 17 minutes ago
PM orders strict action against tax defaulters, pushes for FBR digitisation
- 3 hours ago
Pakistan terms US official’s alleged perception over its missile capabilities as unfounded
- 4 hours ago
What is expected schedule of ICC Champions Trophy 2025
- 5 hours ago
Christmas market attack toll jumps to 5 dead, over 200 wounded: Germany
- 5 hours ago
