business
November 22, 2024
KSE-100 surges 1,782 points to close above 97k mark
Stock brokers monitor new on television screen at a booth, during a trading session at the Pakistan Stock Exchange, in Karachi, on July 3, 2023. — ReutersKARACHI: The KSE-100 index skyrocketed 1,782 points on Thursday, hitting new highs as local mutual funds fuelled the rally, driven by a dip in government bond yields.In its note, brokerage firm Arif Habib said that “this exceptional performance reflects a 55.9 per cent gain CYTD in 2024 and a 9.5 per cent month-to-date increase.”The...