The Pakistan Stock Market makes history, surpassing 57,000 for the first time.
Thursday saw a notable surge in the Pakistan Stock Exchange (PSX), marking a historic high with the KSE-100 index surpassing 57,000 for the first time.
The previous month witnessed the index breaking a six-year record by crossing 50,000, and this upward trend persisted as the nation approached elections and garnered external financial backing.
The prevailing positive sentiment in the financial market is a result of the agreement reached between Pakistan and the International Monetary Fund (IMF), focusing on the initial review conducted under the Stand-By Arrangement (SBA). This accord marks a noteworthy milestone in their collaborative endeavors aimed at fostering economic stability and growth in the region.
