PSX 100-index restores 64,000 benchmark ahead of Elections 2024 – SUCH TV
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After rising by 251 points, the Pakistan Stock Exchange (PSX) 100-Index reached the 65051 points benchmark on Wednesday ahead of the general elections, 2024 to be held on February 8.
The PSX 100 index restored its 64,000 points after a gain of 251 points.
The caretaker government is in negotiations with the International Monetary Fund (IMF) regarding the settlement of the circular debt.
Experts said investors are quite active in the expectation that the circular debt plan will be approved by the international lender.
Investors are buying shares more in the field of oil and gas refinery and banking sectors.
Experts predicted that the market would perform positively after the general election in any sort of unexpected event.
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