Karachi: The Pakistan Stock Exchange has gained 905 points after which the 100 index rose to the level of 64609 points.
According to market reports, due to factors such as strong financial results and profit announcements of listed companies and the formation of the government and reduced political uncertainty, the Pakistan Stock Exchange continued to rise, which crossed the level of 64 points of the index.
Due to the bullishness, the share prices increased and the value increased by billions of rupees.
Expectations of improvement in Pakistan’s rating after achieving goals such as timely agreement from the IMF, getting cheap bilateral and multilateral loans, the expected agreement with the IMF and the easing of political uncertainty have lifted the bearish clouds.
It may be noted that the KSE 100 index closed at the level of 63703.45 points by an increase of 484.35 points at the close of business on Wednesday.
