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PSX hits record high as IMF support, rate cut hopes boost market
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PSX hits record high as IMF support, rate cut hopes boost market
The Pakistan Stock Exchange (PSX) surged this week, buoyed by optimism surrounding the release of an International Monetary Fund (IMF) installment, expectations of an interest rate cut, and signs of a current account surplus. Investor confidence drove the market to breach multiple psychological milestones, reflecting renewed market enthusiasm. During the week, the benchmark KSE-100 Index climbed by 1,540 points, closing at 171,404 points. In int…
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