The survey revealed a notable improvement in business confidence in Pakistan, with a 9 percent increase compared to the March-April 2024 survey. The Business Confidence Index has improved from -14 to -5 percent. According to the OICCI, positive economic growth, a stable exchange rate, and a significant decrease in inflation are key factors contributing to […]
The bullish trend carried the Index to a historic high which closed at 91,938 points, gaining 1078 more points. The Index gained 1300 points at a time in trading and crossed 92,000 points level. The analysts said that the expected cut in the interest rate and better economic indicators have boosted the investors’ confidence. The […]
The index gained 851.11 points, or 0.98%, to reach 88,045.64 points. According to Mohammed Sohail, CEO of Topline Securities, the rally was driven by local investors aggressively buying shares amid falling bond yields and expectations of a substantial cut in the monetary policy rate. “The locals are buying aggressively due to falling bond yields and […]