Stock Watch: Bulls maintain their stronghold at the Pakistan Stock Exchange

Following its historic surge above the 100,000-point milestone last week, the KSE-100 index continued its upward trajectory, rising by 7,697 points or 7.5% to close at 109,054.

November inflation was reported at 4.9%, marking the lowest level in 6.5 years. This positive development supported the bullish market trend, as real interest rates hovered around 10%, providing the State Bank with the flexibility to reduce its policy rate.

Market expectations are now anticipating a rate cut of up to 200 basis points.

In this episode of Stock Watch, Shuja Qureshi, Nukta’s presenter, speaks with Asim Wahab Khan, Chief Investment Officer at NBP Funds Management Limited, to discuss whether the stock market has further growth potential.