PSX crosses 78,000 mark for first time amid strong market sentiment

KARACHI – Pakistan Stock Exchange touched new heights, crossing 78,000 mark during intraday trading on Thursday. Pause Unmute Remaining Time -8:20 Unibots.com newsbreaking On the first working day of the week, the benchmark KSE-100 index hit an all-time high of 78,115, up from the previous close of 77,213. In single day trading, the flagship KSE-100 gained over 1,400 points. Experts link the buying spree with the government's move to finalise a deal with the International Monetary Fund (IMF) after Budget 2024-25 announcement. This years' budget was aimed to meet fiscal targets to bolster the case for a new IMF bailout deal. KARACHI – Pakistan Stock Exchange touched new heights, crossing 78,000 mark during intraday trading on Thursday. Pause Unmute Remaining Time -8:20 Unibots.com On the first working day of the week, the benchmark KSE-100 index hit an all-time high of 78,115, up from the previous close of 77,213. In single day trading, the flagship KSE-100 gained over 1,400 points. Experts link the buying spree with the government's move to finalise a deal with the International Monetary Fund (IMF) after Budget 2024-25 announcement. This years' budget was aimed to meet fiscal targets to bolster the case for a new IMF bailout deal. KARACHI – Pakistan Stock Exchange touched new heights, crossing 78,000 mark during intraday trading on Thursday. Pause Unmute Remaining Time -8:20 Unibots.com On the first working day of the week, the benchmark KSE-100 index hit an all-time high of 78,115, up from the previous close of 77,213. In single day trading, the flagship KSE-100 gained over 1,400 points. Experts link the buying spree with the government's move to finalise a deal with the International Monetary Fund (IMF) after Budget 2024-25 announcement. This years' budget was aimed to meet fiscal targets to bolster the case for a new IMF bailout deal. KARACHI – Pakistan Stock Exchange touched new heights, crossing 78,000 mark during intraday trading on Thursday. Pause Unmute Remaining Time -8:20 Unibots.com On the first working day of the week, the benchmark KSE-100 index hit an all-time high of 78,115, up from the previous close of 77,213. In single day trading, the flagship KSE-100 gained over 1,400 points. Experts link the buying spree with the government's move to finalise a deal with the International Monetary Fund (IMF) after Budget 2024-25 announcement. This years' budget was aimed to meet fiscal targets to bolster the case for a new IMF bailout deal. Recent statements from rating agencies Fitch and Moody’s also pushed market rally.

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