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Share prices surge at Pakistan Stock Exchange

By News Desk

May 10, 2024 12:01 PM


Share prices surge at Pakistan Stock Exchange

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Share prices maintained their bullish run at the Pakistan Stock Exchange (PSX) as the scrips gained over 650 points before noon on Friday, reported 24NewsHD TV channel.

The benchmark KSE-100 index added 655.56 points, or 0.89 percent, to stand at 73,313.61 points as compared to the previous day’s close of 72,658.05.

There were reports that investors were expecting inflation to clock in at close to 15pc for May and for interest rates to decline over the next year, which caused some excitement among buyers.

A day ago, the stock market had snapped a three-day losing streak as selective value-hunting helped the benchmark KSE-100 index closed the session in the green territory.

Reporer Baseem Iftikhar


News Desk


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