November 6, 2024
Business

Bulls push the KSE-100 index above 43,000 on optimistic cues

KARACHI: Stocks rose on Monday as a result of Saudi Arabia’s plans to renew its $3 billion deposit with Pakistan and renewed optimism for the International Monetary Fund (IMF) programme. The benchmark index KSE-100 of the Pakistan Stock Exchange (PSX) opened today’s session at 42,857.57 points, but it rose by 695.97 points, or 1.62%, to […]

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Business

Pakistan moves closer to the IMF programme, sending PSX soaring

KARACHI: The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) increased by about 900 points during Wednesday’s intraday trade as Islamabad fulfilled the final need to restart the International Monetary Fund’s (IMF) loan programme. By 1:10 p.m., the benchmark KSE-100 index had risen by 895.43 points to reach 41,087.04 points. It had started the […]

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