PSX witnesses notable surge in KSE-100 index
Surge reflects positive market sentiment, investor confidence amid ongoing IMF talks on new loan plan
Economic Landscape
Inflation rate declines for 2nd consecutive week by 1.10% within a week
Overall inflation rate has reached its lowest level in 31 weeks
PSX hits historic high, crosses monumental 71,500 points
KSE-100 index surges over 600 points to a record high of 71,515 points
US federal reserve signals prolonged restrictive stance on interest rates
Committee unanimously voted to keep the benchmark lending rate steady in the range of 5.25% to 5.5%
Putin wants Russian women to give birth to more children
Call comes as Russia grapples with a declining birth rate and soaring casualties amid Ukraine war
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