Markets

KSE-100 up 1% amid investor optimism on IMF developments

Watch an insightful discussion on the IMF program review's completion and its implications for the stock market

- YouTube

The Pakistan Stock Exchange gained further stability this week, buoyed by reports of potential success in the ongoing IMF program review. The IMF reportedly demonstrated flexibility on the tax collection target, agreeing to a reduction of 620 billion rupees.

The benchmark KSE-100 index rose by 1%, closing the week at 115,536 points.

Join Shuja Qureshi on today's Stock Watch episode for an insightful interview with Yousuf Farooq, Director Research at Chase Securities, discussing the IMF program review's completion and its implications for the stock market.

Comments

See what people are discussing

More from Business

KCCI criticizes FBR for wrongly labeling taxpayers as ‘non-active’

KCCI criticizes FBR for wrongly labeling taxpayers as ‘non-active’

KCCI, PBC Dubai sign MoU to strengthen economic ties

More from Video

Pakistan Stock Exchange rallies as UBL posts 126% profit surge

Pakistan Stock Exchange rallies as UBL posts 126% profit surge

KSE-100 index climbs 2.1%, settling at 117,316 points