PSX undeterred, maxes out at 59k
KARACHI: The Pakistan Stock Exchange (PSX) maintained its rally and broke records last week when it climbed over 2,000 points as investors cheered reports of an encouraging economic and earnings outlook and the expected release of the second loan tranche of 700 million dollars from the International Monetary Fund. INTERNATIONAL MONETARY FUND). A key event was the easing of weekly inflation, measured by the Sensitive Price Index (SPI), by 0.06%, which boosted investor confidence. During the week, the KSE-100 crossed the 59,000 mark for the first time in history and hit record highs. Among the worrying factors for investors were
