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Pakistan's benchmark share index at all-time high
![IndiaTimes]()
Tuesday, 28 November 2023
Pakistan's benchmark share index breaches 60,000, reaches all-time high of 60,500.61 points. Investors expect central bank's policy interest rate cut due to slowing inflation. Despite political and economic difficulties, index gains over 48% this year. Analysts believe market is welcoming staff level agreement for IMF funds. Market valuation remains attractive with KSE100 index trading at 4.5 times price-to-earnings multiple.
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Tuesday, 28 November 2023
