KSE-100 Index Gains 49,000 Points After Six Years

Good news coming from the Pakistan Stock Exchange (PSX) as it rises above 49,000 points in the early hours of Thursday.

The KSE-100 index managed to gain 578.13 points as compared to yesterday’s closing points of 48,764.55 and reached 49,342.68 points today morning.

Arif Habib Corporation took to Twitter and mentioned that the KSE-100 index achieved this milestone six years back on June 9, 2017. It also said that the market rose by 7,686 points, or 18.5 percent ever since Pakistan has reached an agreement with the International Monetary Fund (IMF).

KSE100 crossed 49k level, six year high level

KSE-100 index went up by 374 points (49,139 pts, +0.77%, on intraday basis) DoD ; the 49k level crossed after ~ six years (last seen on June 09, 2017).

The market gained 7,686 points (+18.5%) since staff level agreement with the IMF… pic.twitter.com/qQXaMFpfro
— Arif Habib Limited (@ArifHabibLtd) August 3, 2023