The Pakistan Stock Exchange witnessed another big jump during trading today, with the Trading Hundred Index hitting an all-time high of 72,550.
On Thursday morning, business in Pakistan Stock Market started very positive and the index reached the highest level of 72 thousand 550. An increase of more than 550 points was seen in the 100 index during trading.
However, following some time profit taking trend was seen in the market and 100 index fell by 280 points to 71 thousand 700.
It should be noted that the previous day also A selling trend was also observed in some shares to take profit during market tradingHowever, the index closed at the level of 72050 points following gaining 692 points at the end of market trading.
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According to experts, there are various reasons for the boom in the market, but the main reason is the visit of the finance minister to Washington, in which he met with the officials of international financial institutions, including the IMF, following which a long-term IMF for Pakistan. The possibilities of the program have increased considerably.