Share prices at the Pakistan Stock Exchange (PSX) reached another record high on Thursday, with the KSE-100 index surging by 1,963.10 points or 1.83 percent. Local institutions' buying and anticipation of a discount rate cut next week boosted the performance, along with the strong performance of the oil and energy sector and positive economic indicators.
Share prices at Pakistan Stock Exchange ( PSX ) surged to yet another record high on Thursday, with stocks increasing by nearly 2,000 points. The benchmark KSE-100 index rose by 1,963.10 points or 1.83 percent to 107,067.43 points. Local institutions' buying and the anticipation of a discount rate cut next week fueled the rise. The index had already closed at an all-time high on Wednesday, up 545 points.
Market experts attribute the growth to the robust performance of the oil and energy sector, coupled with positive economic indicators like increased POL and cement sales. Market capital expanded to Rs13.356 trillion, with MARI, HUBC, AIRLINK, MTL, and PSO contributing significantly. Unilever Pakistan Foods Limited saw the highest gain, rising by Rs334.89 to Rs20,200 per share. Sapphire Fibres Limited, however, saw a notable decline
PSX KSE-100 Index Stock Prices Economic Indicators Discount Rate Cut
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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