Morning News: PSX surpasses 0.1m mark; Investors earn 150pc in just 16 months – By Darson Research
<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Pakistan Stock Exchange has surpassed historic milestone of
100,000 mark, reflecting a 150 percent return in just 16 months from 40,000 to
100,000, analysts said. With this impressive achievement, the PSX is the best
performing market globally for calendar year 2024, with a 60 percent return
year-to-date, they added.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Pakistan's foreign exchange reserves received a $500 million
boost from the Asian Development Bank (ADB) under its Climate Change and
Disaster Resilience Enhancement Programme (CDREP). This inflow, expected to be
reflected in the State Bank of Pakistan's reserves by the end of November 2024,
offers much-needed stability amid ongoing cur...
