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Pakistan stock market index closes at record high with fresh inflow of investments

Pakistan stock market index closes at record high with fresh inflow of investments

Pakistani stocks closed at a record high Tuesday, crossing 15,000 points for the first time amid fresh inflow of investments in the wake of peaceful parliamentary elections.
The Karachi Stock Exchange's benchmark index rose 109 points, or 0.73 percent, to close at 15,056.
"Investors are confident that the new government would improve the country's image in the international community. That's why we are witnessing positive post-election rallies," said Mohammad Sohail, director of JS Capital Market, a leading brokerage house.
"The outflow of portfolio investment before the election has now been turned into inflow," he said.
Sohail said more than US$100 million (


Updated : 2021-07-27 03:42 GMT+08:00