PSX TAKE A JUMP AFTER FRIDAY’S DRAMATIC FALL
May 12- 2025: in a remarkable reversal PSX took a high flight of about 10,000 points followed by Friday’s crash of about 6500 points in a single day.
The investor regained confidence after today’s exceptional performance of about 10,000 points in a single working day.
The market was temporarily halted for an hour as a precautionary measure. Market analysis said that investors regained confidence not only because of the ceasefire between PAKISTAN AND INDIA but the loan approval by the IMF responsible for increasing the investor’s morale.
Psx faced a chaotic start of the week and remained in the roller coaster for the entire week amid pak-indo tension in the border.
Last working day of the week PSX faced an upset of about 6939 points or -6.1% close to 107000 points.
Now, the start of the week proves a fresh start for the investor and the market following the ease of tension between Pakistan and India.
Another big reason for market gaining is the loan approval from the IMF under the EFF(extended fund facility) program for the purpose of economic stabilisation and strengthening of foreign reserves.
Following all the efforts and activities the market closed at 117,297.73 in KSE 100 index.

