After rising more than 760 points to reach above 80,180.87 points, the benchmark KSE-100 index of the Pakistan Stock Exchange created history once more today.
Since the federal budget was approved and economic indicators have improved, analysts have said that the bull market is driving today’s opening bell prices and that investor confidence in stocks is being bolstered.
According to analysts, this upward trend is caused by rising global crude oil prices, robust dividend payments by the state-owned companies that dominate the oil sector, and the continuous progress toward a positive agreement for an IMF bailout this month.
