Pakistan Stock Exchange, 100 index increased by 410 points

Pakistan stock market is witnessing a great boom, with an increase of 410 points in the 100 index, the index has reached 53 thousand 70 points.
It should be noted that after the election commission gave the date of general elections to the Supreme Court yesterday, a positive trend was seen in the Pakistan Stock Exchange.

According to the PSX website, the benchmark KSE-100 index of the Pakistan Stock Exchange rose 322 points or 0.61% to 52,664 points at around 2:08 a.m., which was 52,342 points the previous day.

Read More: Pakistan Stock Exchange to remain closed on April 14

The development came after the Election Commission assured to hold the general elections on February 11, signaling political stability.

After the announcement by the State Bank to maintain the policy interest rate at 22 percent, the positive trend continues in the Pakistan Stock Exchange for four consecutive days.
In addition, inflation was recorded at 26.9 percent in October, which analysts say is an indication that inflation will moderate in the near future.