Pakistan Stock Exchange touches new all-time high

KARACHI: The Pakistan Stock Exchange (PSX) has seen a massive rise of nearly 20 percent and the highest investment in over five years depicts the country’s economic revival.

On Monday, Pakistan Stock Exchange (PSX) KSE-100 index surpassed 62,000 points milestone for the first time in history with another push of 770 points. PSX 100 index reached 62,461 points. 

Gold prices move down in Pakistan

As the country of 240 million battles political and economic woes, the PSX index gained a phenomenal rise in the aftermath of IMF successive review and inflows from friendly nations.

Rupee’s winning streak against dollar continues

The staff-level agreement for the second tranche of IMF bailout funds and inflow from multilateral institutions helped authorities build new sentiment in the money market. 

Last month, the benchmark share index (KSE) crossed 60,000 to trade at an all-time high of 60,500.61 points, and now it keeps rising.