{"id":21112,"date":"2024-11-11T09:44:22","date_gmt":"2024-11-11T09:44:22","guid":{"rendered":"https:\/\/theasiantelegraph.global\/?p=21112"},"modified":"2024-11-11T09:44:22","modified_gmt":"2024-11-11T09:44:22","slug":"psx-reaches-new-heights-as-kse-100-index-surpasses-94000-mark","status":"publish","type":"post","link":"https:\/\/theasiantelegraph.global\/?p=21112","title":{"rendered":"PSX reaches new heights as KSE-100 index surpasses 94,000 mark."},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/11\/672ea57af312f.jpg\" alt=\"\" class=\"wp-image-21113\" srcset=\"https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/11\/672ea57af312f.jpg 1024w, https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/11\/672ea57af312f-300x225.jpg 300w, https:\/\/theasiantelegraph.global\/wp-content\/uploads\/2024\/11\/672ea57af312f-768x576.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>KARACHI :\u2013 \u00a0The Pakistan Stock Exchange (PSX) made history as the KSE-100 index crossed 94,000 points barrier. The benchmark KSE-100 index crossed 94,000 mark after gaining more than 700 points against previous close of 93,291 points.<\/p>\n\n\n\n<p>The ongoing bulls\u2019 rally in the PSX with significant gains of over 2,400 points during the last week, has been driven predominantly by the State Bank of Pakistan&#8217;s (SBP) decision to lower its policy rate by 2.5 percentage points. Market analysts believe that the rate cut gave a positive signal for liquidity and economic stability, boosting investors\u2019 confidence.<\/p>\n\n\n\n<p>Moreover, the government&#8217;s Sukuk auction helped raise a satisfactory amount, making it lucrative for investors to invest in the government-backed securities<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KARACHI :\u2013 \u00a0The Pakistan Stock Exchange (PSX) made history as the KSE-100 index crossed 94,000 points barrier. The benchmark KSE-100 index crossed 94,000 mark after gaining more than 700 points&hellip; <\/p>\n","protected":false},"author":8,"featured_media":21113,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,13],"tags":[1904,1905],"class_list":["post-21112","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-main-stories","tag-pakistan-stock-exchange-psx","tag-state-bank-of-pakistans-sbp"],"_links":{"self":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/21112","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21112"}],"version-history":[{"count":1,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/21112\/revisions"}],"predecessor-version":[{"id":21114,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/posts\/21112\/revisions\/21114"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=\/wp\/v2\/media\/21113"}],"wp:attachment":[{"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theasiantelegraph.global\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}