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PSX: buying continues, KSE-100 up nearly 400 points amid IMF deal
Buying interest was observed at the Pakistan Stock Exchange (PSX) as the International Monetary Fund (IMF) staff and Pakistan reached a staff-level agreement (SLA) on the fourth review of the $7-billion Extended Fund Facility (EFF) and the third review of the Resilience and Sustainability Facility (RSF). At 9:50am, the benchmark KSE-100 index was hovering at 168,978.36, up by 397.96 points or 0.24%. Buying interest was observed in key sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration companies, OMCs and power generation. Index-heavy stocks, including L...
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