at Karachi. As a result of the country's achievement in reaching an IMF deal, the key stock index at the Pakistan Stock Exchange (PSX) surged by more than 2,000 points on the first working day of the week.
In Karachi. The primary stock index at the Pakistan Stock Exchange (PSX) increased by more than 2,000 points on the first working day of the week as the nation was successful in securing an IMF agreement.
The KSE-100 Index, which measures the performance of the Pakistani stock market, increased dramatically, rising as high as 43,721.92 (about 5.5%).
According to reports in the local media, PSX opens at an all-time high, and the hike briefly broke beyond the 5 percent barrier before causing a trading halt.
The good news comes as the country received a $3 billion short-term financing package from the IMF for Eid ul Adha, providing the economy with a much-needed reprieve.
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