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PSX reaches all-time high of 118,000 in light of PM’s power relief package

29 14
previous day

Bulls dominated the trading floor at the Pakistan Stock Exchange (PSX) as shares reached an all-time high of 118,000 points following the prime minister’s announcement of a “major” power relief package to reduce the burden on citizens.

The benchmark KSE-100 index climbed 1,131.37 points, or 0.96 per cent, to reach 118,938.11 from the last close of 117,806.74 points.

The development came shortly after Prime Minister Shehbaz Sharif, while........

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