The Pakistani stock market has experienced a remarkable surge, surpassingmajor global stock markets in a period of seven business sessions.
The stock market index has witnessed an impressive increase of 11 percent,establishing itself as the world’s best-performing market, according toBloomberg data.
During these seven sessions, the Hundred Index of the Stock Exchange saw asignificant rise of 4142 points, showcasing the robust performance of thePakistani stock market.
This surge has propelled the market to new heights, with the Hundred Indexreaching a 14-month high of 44,207 points on Friday, July 7, following theEid holidays.
Read Top Stories
Various factors have contributed to the boom in the Pakistani stock market,including the recent agreement with the International Monetary Fund (IMF)and the influx of dollars from friendly countries. These positivedevelopments have bolstered investor confidence and attracted substantialinvestments, ultimately driving the market’s upward trajectory.