The Pakistan Stock Exchange extended its robust gains Tuesday as the KSE-100 index smashed through the psychological barrier of 44,000.
Pakistan’s benchmark share index had scored its biggest single-day jump in 15 years on Monday, gaining 5.9% on the first trading session after the country secured a last-gasp funding deal from the International Monetary Fund (IMF).
The KSE-100 index closed up 2,442.06 points at 43,894.7, its biggest percentage gain since June 24, 2008, when it rose 8.6%.
The positive sentiment still prevailed in the market on Tuesday when share prices went up sharply by 612 points smashing through the psychological barrier of 44,000 and was currently being traded at 44,511
