Pakistan Stock Exchange high achieved after IMF loan accord boosts investor confidence and economic outlook.
Representational imageThe latest loan agreement agreed with the International Monetary Fund triggered brisk buying at the Pakistan Stock Exchange on Monday, lifting the index to new heights, reported 24NewsHD TV channel.
The stocks had Friday witnessed a volatile session after the decision of the Supreme Court on reserved seats, decreasing by 48.26 points or 0.06% to close at 79,944.10 points. Trading activities remained dull as average daily volumes on ready counter decreased by 0.3 percent to 438.83 million shares during this week as compared to previous week’s average of 440.31 million shares while average daily traded value on the ready counter increased by 13.7 percent to Rs 20.77 billion during this week against previous week’s Rs 18.28 billion.
Sector-wise, auto assemblers, automobile parts & accessories, and woollen were amongst the top performers, up 7.0 percent/5.2 percent/5.0 percent WoW, respectively. On the other hand, miscellaneous, vanaspati & allied industries, and RIET were amongst the worst performers with a decline of 13.8 percent/3.7 percent/3.5 percent WoW.
IMF Loan Accord Stock Market Surge Economic Boost Pakistan Financial Market Pakistan PSX Growth
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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