Despite volatility, PSX achieves high growth
Pakistan’s stocks started 2024 on an upbeat note and showed considerable resilience as they added over 2,000 points despite worries about political developments ahead of general elections in early February.
A substantial increase in the Federal Board of Revenue’s (FBR) tax collection, continuous growth in the State Bank of Pakistan’s (SBP) foreign currency reserves, substantial fall in the country’s trade deficit and a stable rupee provided critical support to the stock market.
Read more: https://tribune.com.pk/story/2452417/despite-volatility-psx-achieves-high-growth
