Tuesday, 11 March 2025
Trending
AsiaStock Market

Over 440 Points are Added to the KSE-100 Index

Investors chose to purchase value on Thursday, causing the KSE-100 index to increase by 448 points as the Pakistan Stock Exchange opened on a positive note.

The KSE-100 index is now trading at a value of 40,165.65 points after rising 448 points as of [10:20 PST]. On Thursday, the Pakistan Stock Exchange (PSX) started on a bullish note as investors chose value purchasing.

Pakistan Stock Exchange

The news reports, which stated that Saudi Arabia would give Pakistan $2 billion in additional assets, are credited with the mood.

The government and IMF have been negotiating since January to secure the release of $1.1 billion from a $6.5 billion bailout plan decided upon in 2019.

  • KSE-100 index increased by 448 points as the PSX opened on a positive note.
  • The KSE-100 index is now trading at a value of 40,165.65 points after rising 448 points.
  • The upcoming inflows will aid in bolstering foreign currency reserves.

The deal has been delayed, though, because friendly nations have agreed to offer more financial support. The upcoming inflows will aid in bolstering foreign currency reserves.

The industries that have made the most progress so far are oil and gas exploration, oil and gas marketing, fertilizer, cement, business banks, and technology.

Regarding scrip, more purchasing was seen in ARPL, ABOT, MARI, CHCC, ENGRO, LCI, and LUCK.

Related posts
Stock Market

Market Ends in Red as FIIs Continue Sell-Off

Sensex drops 217 points to 74,115, while Nifty slips below 22,500. Power Grid, Hindustan Unilever…
Read more
Stock Market

Foreign Investors Continue to Exit Indian Markets Amid Global Uncertainty

FPIs have withdrawn ₹1.37 lakh crore from Indian equities in 2025. Global trade tensions and…
Read more
AsiaPolitics

Impeached South Korean President Yoon Released Amid Political Turmoil

Yoon Suk Yeol was released from detention after 52 days but still faces impeachment and insurrection…
Read more
Newsletter
Become a Trendsetter

To get your breaking, trending, latest news immediately without diluting its truthfulness join with worldmagzine immediately.

Leave a Reply

Your email address will not be published. Required fields are marked *

EuropeHealth and Medical

Now EU Revamps Drug Law After COVID and Medicine Shortage

Worth reading...