In the Pakistan Stock Exchange, the second day of the business week saw a record surge as the benchmark KSE-100 index crossed the historic milestone of 81,000 points for the first time during initial trading.
Yesterday also witnessed an upward trend in the stock market, albeit briefly interrupted by a fire incident which temporarily halted trading on the exchange.
Arif Habib Corporation’s Ahsan Mehanti attributed the momentum in the market to expectations of stable earnings season amid views from investors following government measures related to tax reforms in the federal budget, along with anticipated IMF staff-level agreement.
He mentioned that approval from the World Bank for assistance to private sectors in the face of government’s denial in monetary policy by the State Bank of Pakistan and an easing policy in the private sector had a key role in maintaining the even ? even E Pot S Was This , Command clarified? of also in of Bill