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

IMF projects higher inflation than government’s target

ISLAMABAD (Rizwan Abbasi): The International Monetary Fund (IMF) has projected that Pakistan’s average inflation rate…

45 minutes ago

PM Shehbaz condemns attacks on KSA, reaffirms Pakistan’s solidarity

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday strongly condemned the recent attacks on Saudi Arabia,…

1 hour ago

Gold prices drop by Rs5,600 per tola in Pakistan

KARACHI: The gold prices in Pakistan have been reduced to Rs 424,136 following a reduction…

2 hours ago

When will Safar moon be sighted? SUPARCO predicts

ISLAMABAD: According to Pakistan Space and Upper Atmosphere Research Commission (SUPARCO), the new moon of…

3 hours ago

11 died as house collapses in Kohat after heavy rains

KOHAT: A residential house collapsed due to heavy rain in the Malgin area of ​​Lachi…

4 hours ago

Alternative to the Strait of Hormuz Ready: UAE Decides to Build New Port

ABU DHUBAI: The United Arab Emirates has prepared a plan to establish a new multi-purpose port…

4 hours ago