Pakistan News

Shares rally at PSX after govt's support measures give investors relief, hope

Shares rally at PSX after govt's support measures give investors relief, hope

Shares at the Pakistan Stock Exchange changed course today after days of carnage, with the government's recent policy measures – which include a Rs1.2 trillion stimulus package and a slashed policy rate – giving investors some much needed relief and hope after the virus outbreak has slowed down economic activity in the country.

The benchmark index opened at 27,228 and has largely kept an upward trajectory since. Around 12:25pm, almost two hours intro trading, the KSE-100 was up 826 points or 3.03 per cent at 28,054.

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