stock exchange; 100 index reached a new high in the country’s history
Crossing the level of 67 thousand points for the first time, the 100 index rose to the level of 67165 points.
Karachi: The Pakistan Stock Exchange rose by 617 points, as a result of which the index crossed the highest psychological level of 67000 points for the first time in the history of the country and the 100 index rose to the level of 67165 points.
Accelerated privatization of national enterprises, plans to generate $300 million in revenue from privatization of PIA led Pakistan Stock Exchange to hit all-time high.
Yesterday, the index crossed the psychological level of 66500 points, while in December 2023, the Hundred Index closed at the level of 66426 points.
The business cycle is booming due to the investment interest of other foreign banks including Al Mashreq in Pakistan, the merger between PTCL and Telenor and expectations of large foreign investment in the oil and gas sector through SIFC. .
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