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Sunday, June 16, 2024  
09 Dhul-Hijjah 1445  

Bullish trend continues in PSX as KSE-100 records another gain

The 100 Index gained 142.35 points to reach 56,665.93 level
File photo.
File photo.

Investors’ sentiments remained positive in the Pakistan Stock Exchange as it recorded another bullish trading session on Tuesday.

The benchmark KSE-100 Index gained 142.35 points or 0.25% to reach 56,665.93 levels at the closing of the market.

Similarly, the KSE-30 Index gained 40.52 points or 0.21% to reach 19,028.67 at the closing of the trading session.

The 100-index finished at 56,524 points on Monday after crossing the 56,000 mark for the first time in history.

The market has been continuously breaking new records since it crossed the 53,000 mark for the first time in six years early in November.

Meanwhile, the policy-level talks between the government and the International Monetary Fund entered their second day on Tuesday.

The government delegation is being led by Finance Minister Shamshad Akhtar while the IMF delegation is led by Country Chief Nathan Porter.

The policy-level talks, which began after lengthy technical-level discussions, will continue until November 15.

Sources said that lending institution has reached out to Pakistan’s bilateral partners to ensure that external funding plans will materialise as policy talks continue.

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