KSE-100 rises 0.53% as investors remain hopeful for revival of IMF deal

The Pakistan Stock Exchange (PSX) saw a surge on Wednesday, with the benchmark index rising 0.53% to close above the 41,000-point mark. The increase was driven by investor optimism over the potential revival of the International Monetary Fund (IMF) programme. Sectors driving the benchmark KSE 100 index north included banking, cement and power generation and distribution, with the volume of shares traded on the all-share index increasing to 196.5 million from 96.5 million the previous day. The rupee also strengthened by 0.23% in the inter-bank market. Follow my Facebook group for more updates on the latest news and developments in the Pakistan Stock Exchange.



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