business
December 24, 2024
KSE-100 index surges 4.03%, gains over 4,400 points
An investor can be seen looking at the digital stock board at the Pakistan Stock Exchange. — AFP/FileKARACHI: After days of jaw-dropping declines, the stock market started the week with an unexpected recovery, marked by a 4.03 per cent surge in the KSE-100 index, closing at 113,924.42 points.Karim Punjani, ex equities and treasury fund manager, said that the was oversold, calling the surge a “quick and significant correction”.The Pakistan Stock Exchange’s benchmark KSE-100 index...