The Pakistan Stock Exchange (PSX) market touched new heights as the benchmark index continued its bullish trend on the last day of the business week, and surpassed the 66,000 barrier, VOS reported on Friday.
It’s been three weeks since the benchmark KSE-100 index maintained its bullish run, while the market giants indicated the trend is due to the successful conclusion of a staff-level deal with the International Monetary Fund (IMF).
With an increase of 1436.95 points, the KSE-100 index is currently trading at 66,155.02 points, with a change of 2.22 percent positive at 12.16 AM on Friday.
In another development related to the stock market, for the first time in the history of Pakistan, the government decided to auction the bonds in the Pakistan Stock Exchange (PSX) market.