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Top Daily The Patriot News

IMF · Karachi

PSX at New Peak over Budget Hopes

100% Center coverage: 1 sources

The Pakistan Stock Exchange (PSX) continued its record-breaking run on Wednesday as the benchmark KSE-100 index closed at an all-time high at nearly 121,800 points. Investor sentiment remained upbeat ahead of the federal budget, buoyed by expectations of fiscal relief measures and encouraging macroeconomic indicators. The rally was supported by a 10% year-on-year increase in petroleum product sales for May, rising cement exports and the Asian De…See the Story

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