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stocks surge on optimism over imf agreement and economic stability
Stocks reached record highs, closing at 118,442 points, buoyed by optimism surrounding a staff-level agreement with the IMF. The KSE-100 index is projected to maintain its upward trend, driven by strong earnings in key sectors and expectations of economic stability. Despite foreign selling, local buying from banks and mutual funds supported the market's positive momentum.
pakistan stock index projected to rise over 27 percent by 2025
Pakistan's stock market is projected to rise significantly by the end of 2025, with analysts forecasting an increase of at least 27%. The KSE-100 Index is expected to reach 127,000 points, reflecting a 34% gain, driven by economic improvements under an IMF loan program and currency stabilization. Arif Habib Ltd. anticipates the index will hit 120,000 points, marking a 27% increase.
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