Browsing: Business

The Pakistan Stock Exchange (PSX) reached a record-breaking 55,253.19 points during intraday trading, reflecting a 1.83% increase driven by positive investor sentiment amid expectations of a successful IMF review and stable economic indicators. The market’s resilience is attributed to factors like attractive valuations and robust domestic institutional buying.

Caretaker Federal Minister Dr. Shamshad Akhtar highlighted the success of the Asaan Mobile Account initiative during the Pakistan Spotlight Day at the WEF – Edison Alliance event, resulting in 8.5 million new bank accounts, including 3.2 million for women. She also commended the 1 Billion Lives Challenge’s achievements and stressed the crucial role of replicating such initiatives in sectors like healthcare and education across developing economies.