Bulls rule continues as PSX hits all-time high

The Pakistan Stock Exchange has seen a big jump lately, with the KSE-100 index going up by 710 points, hitting a record high. The stock market reached an impressive 74,500 points, showing that people trust the country’s economy.

This rise happened because investors feel more confident, and the economy is doing well. The KSE-100 index was at 74,509 points around noon, showing that the market is going strong.

On Tuesday, the Pakistan Stock Exchange started trading with a boost. The KSE-100 index went up by 295 points, reaching 74,094 points. This kept investors feeling good about the market.

All this trading happened while a team from the International Monetary Fund (IMF) was visiting Pakistan. They were talking with Pakistan’s finance team about a new loan package. These talks started on Monday and aim to help Pakistan’s economy with financial support.

The IMF is focused on making sure Pakistan’s politics stay stable for its economy to do well. They plan to meet Prime Minister Shehbaz Sharif next week to talk about targets for the new loan program and how Pakistan can keep up with strict economic policies. The IMF team will also meet with important leaders from different political parties.

Pakistan hopes to get more than $6 billion from the IMF to help its economy and deal with money problems. The Finance Ministry’s economic team has been getting ready for these talks to make sure everything goes well.