Business

PSX 100-index hit new all-time high, crossing the 75,000 level

Published by
Staff Reporter

KARACHI: Pakistan Stock Exchange continues to set records. The Pakistan Stock Exchange has been witnessing a tremendous boom since the opening of business on Wednesday.

Read More: Positive trend in stock exchange as PSX 100-index crossed 74 thousand points

The index increased by 574 points during the trading session, taking the 100 index to a new all-time high of 75,000.

Economist Muhammad Sohail says that the 100 index is above 75 thousand, and foreign purchases are the reason for this new high of the index, MSCI has reviewed its global indices and included one of our companies.

He said that I think that Pakistan’s share in the index will also increase and the index will be 87 thousand by December this year.

It should be noted that the Pakistan Stock Exchange also increased by 732 points yesterday and the index closed at 74 thousand 531 points.

Read More: PSX continues bullish run, gains over 700 points

Staff Reporter

Recent Posts

PTA warns users against sharing unlawful online content

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has issued a warning for mobile phone users against…

9 hours ago

Iranian President lauds Pakistan’s peace efforts during key meetings

ISLAMABAD: Iranian President Dr. Masoud Peshkeskian met President Asif Ali Zardari and Prime Minister Shehbaz…

10 hours ago

Govt approves reduced property tax rates, new income tax slabs for salaried class

ISLAMABAD: The government has approved a reduction in advance tax rates on property buyers and…

11 hours ago

CDF Asim Munir meets Iranian President, discusses regional situation following US-Iran talks

RAWALPINDI: Chief of Army Staff, Field Marshal Syed Asim Munir, met with Iranian President Masoud…

12 hours ago

Solar panels, batteries rates drop amid reduction in petrol price

LAHORE: Following the reduction of petroleum prices, solar panels and batteries witnessed a sharp fall…

12 hours ago

SBP announces two bank holidays

ISLAMABAD: State Bank of Pakistan (SBP) has declared a two-day public holiday for Ashura (9th &…

13 hours ago