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Tag: benchmark index

PSX surges to record close above 82,000 points on economic optimism – SUCH TV

Posted on September 20, 2024 By Admin No Comments on PSX surges to record close above 82,000 points on economic optimism – SUCH TV
PSX surges to record close above 82,000 points on economic optimism – SUCH TV

Stocks scaled a new peak on Friday, with the benchmark index surpassing the 82,000 mark during intraday trade, as forecasts of declining inflation and hopes of further monetary loosening by the central bank spurred a buying spree, traders said. The KSE-100 index jumped by 615.16 points, or 0.76%, to reach 82,074.44 from its previous close…

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