Around 9:30 am, the index saw a boost of 525 points, reaching 59,425 points.
KARACHI: (UrduPoint/Pakistan Point News-Nov 24th, 2023) In a historic move, the pakistan stock exchange (PSX) experienced a significant surge, with the KSE-100 crossing the 59,000 mark on Friday morning.
Around 9:30 am, the index saw a boost of 525 points, reaching 59,425 points. This marks the third consecutive day of a bullish trend on the PSX, indicating a restored confidence among investors.
Analysts attribute this upward momentum to the potential agreement with the International Monetary Fund (IMF), reflecting positively on market sentiment.
The psx concluded Thursday with a gain of 701 points, closing at 58,900 points.
