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PSX touches 10-month high, crosses 41,000 points

PSX touches 10-month high, crosses 41,000 points

KARACHI: The Pakistan Stock Exchange (PSX) on Friday touched 10-month high as the KSE-100 Index traded at 41,030 points with an increase of 516 points.
According to the economic analysts, further boost in investments is expected following positive reports by international bodies regarding Pakistan’s economy.
It is pertinent here to mention that the stock market had touched 41,000 mark back on February 7.
The International Monetary Fund (IMF) on December 19 in Washington will hold its next board meeting for approval of the disbursement of second tranche of about $453 million to Pakistan under the $6 billion Extended Fund Facility (EFF) finalized in May this year.