KARACHI : Pakistan's benchmark share index scored its biggest single-day jump in 15 years on Monday, gaining 5.9 per cent on the first trading session after the country secured a last-gasp funding deal from the International Monetary Fund (IMF).The country on Friday secured a $3 billion short-term financi
KARACHI : Pakistan's benchmark share index scored its biggest single-day jump in 15 years on Monday, gaining 5.9 per cent on the first trading session after the country secured a last-gasp funding deal from the International Monetary Fund .
The KSE 100 index closed up 2,442.06 points at 43,894.7, marking its biggest percentage gain since June 24, 2008, when it rose 8.6 per cent, as per Refinitiv data. However, there was a growing interest in Pakistani eurobonds maturing in 2024 and 2025, with limited indicative offers of any sellers.
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