Karachi: The Pakistan Stock Exchange (PSX) soared during Wednesday’s intraday trade. Its benchmark KSE-100 index surged over 850 points after Islamabad completed the last pre-condition to revive the International Monetary Fund’s (IMF) loan programme. At close, the benchmark KSE-100 index closed at 41,068.87 points with an increase of 877.26 points or 2.18%.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Israel signs $35 billion natural gas supply deal with Egypt

Israel’s Leviathan natural gas field has signed the largest export agreement in…

Meta cuts jobs to sink more money into the metaverse

On Nov 9, Meta Platforms Inc (META.O) said that it would cut…

Saudi Arabia extends term for $3bn deposit to Pakistan

The State Bank of Pakistan (SBP) announced on Wednesday that Saudi Arabia…

Rupee resumes recovery against dollar

Karachi: The Pakistani rupee on Friday once again resumed its recovery trend…