Home Top Stories Bulls take charge as PSX sees strong surge

Bulls take charge as PSX sees strong surge

6
0
Bulls take charge as PSX sees strong surge




Brokers discuss as they look at an index board showing the latest share prices at the PSX in Karachi on November 28, 2023. — Online

The Pakistan Stock Exchange (PSX) began the week positively, with bulls pushing the market higher by more than 850 points, reflecting strong investor confidence and robust buying activity.

During intra-day trading on Monday, the benchmark KSE-100 index surged by 878.58 points, or 0.98%, reaching 90,872.54 points, a significant rise from the previous close of 89,993.96 points.

Analysts attributed the surge to a host of reasons, as the market expects a cut in interest rates next month.


This is a developing story and is being updated with more details. 



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here