The Pakistan Stock Exchange continues to witness a positive start to business today, with the benchmark SE 100 index gaining 605 points.
After the 2-day holiday of Muharram, the upward trend continues in the Pakistan Stock Exchange on Wednesday. The highest level has reached 81 thousand 760.
On Monday, July 15, Pakistan Stock Exchange saw an extraordinary boom during business and the 100 index closed at 81 thousand 155 points following an increase of 1211 points.
The 100 index also hit a new high of 81,428 points during the trading day on July 15.
Staff level agreement of $7 billion loan from IMF, Finance Minister’s announcement to bring structural reforms
It may be recalled that on July 13, a staff-level agreement was reached between the International Monetary Fund (IMF) and Pakistan for a $7 billion loan program worth $7 billion with a duration of 37 months.
Earlier on July 3, the benchmark SE-100 index crossed the psychological level of 80,000 points for the first time in history following gaining 680 points.