Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Good Fortune trailer
    Videos

    First Trailer for Aziz Ansari’s Good Fortune, Starring Keanu Reeves

    May 29, 2025 2 Min Read
    Last of Us Season 2
    Videos

    ‘The Last of Us’ Season 2 Premieres Date What to Expect From HBO’s Hit Series

    April 13, 2025 2 Min Read
    Disney Snow White box office
    Videos

    Snow White Teaser Drops: Gal Gadot and Rachel Zegler Shine

    February 22, 2025 1 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: PSX Surges Past 81,000 on New IMF Agreement
PhotoNews Pakistan PhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
Pakistan Stock Exchange
PhotoNews Pakistan > Business > PSX Surges Past 81,000 on New IMF Agreement
Business

PSX Surges Past 81,000 on New IMF Agreement

Web Desk
By Web Desk Published July 15, 2024 1 Min Read
Share
An image depicts Pakistan Stock Exchange (PSX) upward trend. Photo: Profit by Pakistan Today
SHARE

The Pakistan Stock Exchange (PSX) opened the week strongly, surpassing the 81,000 mark following the announcement of a new agreement with the International Monetary Fund (IMF).

The KSE-100 index rose by 1,168.64 points, a 1.46% increase, peaking at 81,112.73 points during intraday trading. This significant boost is due to the positive sentiment surrounding the IMF’s staff-level agreement, which promises a $7 billion aid package over 37 months.

This financial support is anticipated to bolster macroeconomic stability and facilitate crucial taxation, energy, and fiscal distribution reforms between central and provincial governments.

Contrastingly, the market had experienced a slight dip the previous Friday, closing by 48.26 points or 0.06% at 79,944.10 points after a Supreme Court decision limiting government powers for constitutional amendments.

TAGGED:Featured
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

Ayatollah Ali Khamenei Iran Nuclear Talks

Iran’s Khamenei Rejects US Nuclear Deal, Defends Uranium Enrichment

Adolescence

Adolescence Becomes Netflix’s Second Biggest English TV Series

Malir Jail Karachi Prisoner Escape

Sindh Orders Arrest of Malir Jail Constable in Massive Jailbreak Probe

Punjab solar panel guidelines 2025

Punjab Issues Solar Panel Installation Guidelines Amid Net Metering Cuts

Punjab Cabinet 2025 decisions

Punjab Cabinet Slashes Electricity Bills, Launches Air Punjab

Post Archives

More Popular from Photonews

Pakistan Crypto Council
Pakistan

Pakistan Launches Strategic Bitcoin Reserve

2 Min Read
Brad Pitt divorce
Entertainment

Brad Pitt Opens Up on Angelina Jolie Divorce After 8 Years of Silence

2 Min Read
DeepSeek R1-0528 AI
Tech

DeepSeek’s R1-0528 Surpasses Alibaba, Matches OpenAI in AI Breakthrough

2 Min Read
Pakistan

Imran Khan Rejects ‘Give and Take’ Deal, Seeks Talks for Pakistan’s Interest

On Thursday, May 29, 2025, former Pakistan Prime Minister Imran Khan firmly rejected any “give and…

May 30, 2025
Offbeat

19th-Century Condom with Nun and Clergymen Displayed at Dutch Museum

On June 4, 2025, Amsterdam’s Rijksmuseum unveiled a unique 19th-century condom, printed with an erotic image…

June 4, 2025
Videos

First Trailer for Aziz Ansari’s Good Fortune, Starring Keanu Reeves

On May 29, 2025, Lionsgate released the first trailer for Good Fortune, marking Aziz Ansari's highly…

May 29, 2025
Sports

Imane Khelif’s Leaked Medical Report Alleged Male Karyotype

A leaked medical report allegedly identifying Algerian Olympic gold medalist Imane Khelif as biologically male reignited…

June 2, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?