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Friday, November 22, 2024  
19 Jumada Al-Awwal 1446  

Shares at PSX gain over 900 points in intraday trade

Stocks rally as newly elected MNAs take oath in National Assembly
Screengrab via PSX website
Screengrab via PSX website

Shares at the Pakistan Stock Exchange’s benchmark index gained over 900 points in the intraday trade as newly elected members of the National Assembly took oath as lawmakers.

According to the PSX website, the KSE-100 index gained 916.69 points to reach 64,620.13 levels by 11:19am.

The development came as the NA conducted its maiden session for swearing in ceremony of newly elected MNAs.

Experts have several times stressed that political stability is important for the economic stability of the country.

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