i NEWS PAKISTAN

Stocks continued to go up amid SCO summitBreaking

October 16, 2024

Stocks continued to go through the roof amid presence of international guests on the occasion of the 23rd plenary session of the Shanghai Cooperation Organisation’s (SCO) being held in Islamabad. With a gain of more than 600 points, the Pakistan Stock Exchange (PSX) witnessed another round of bulls crossing 86,000 points barrier with KSE-100 index being traded at 86,441 points. It must be noticed that the KSE-100 index closed at 85,840 points after gaining 574 points yesterday. The Pakistan Stock Exchange (PSX) continued to witness bulls rally in the stock market at the first day of the week’s trade. After gaining more than 400 points, the KSE-100 index stood at 85,901 points, highlighting investors’ confidence buoyed by the arrival of global guests for the Shanghai Cooperation Organisation (SCO) summit scheduled to be held in Islamabad on Oct 15 and 16.

Credit: Independent News Pakistan