In advance of the 2024 elections, the PSX 100 index reinstates the 64,000 threshold.
The Pakistan Stock Exchange (PSX) 100-Index hit the benchmark of 65051 points on Wednesday, ahead of the general elections of 2024, which are scheduled on February 8. This comes after an increase of 251 points.
The PSX 100 index gained 251 points, returning to its initial level of 64,000 points.
Regarding the payment of the circular debt, the caretaker administration is negotiating with the International Monetary Fund (IMF).
According to experts, investors are actively participating in the circular debt scheme, hoping that the international lender would sanction it.
More shares are being purchased by investors in the banking and oil and gas refinery industries.
In the case of any kind of unforeseen incident following the general election, experts projected that the market would respond well.