{"id":57764,"date":"2019-11-19T18:11:03","date_gmt":"2019-11-19T13:11:03","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=57764"},"modified":"2020-07-22T12:18:20","modified_gmt":"2020-07-22T07:18:20","slug":"psx-gains-827-points-climbs-2-15","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/psx-gains-827-points-climbs-2-15.html","title":{"rendered":"PSX gains 827 points, climbs 2.15%"},"content":{"rendered":"<p>Karachi: The Pakistan Stock Exchange (PSX) recently witnessed a remarkable growth trend that managed to continue through to Monday \u2014 as it recorded the highest percentage growth it has managed to achieve over the last nine months, according to news sources. In this regard, the exchange successfully grew by 827 points to reach a new high of 38411.56 points; rising by 2.15% in this time period.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/ecc-approves-pkr-20-billion-for-psx.html\" target=\"_blank\" rel=\"noopener noreferrer\">ECC approves PKR 20 billion for PSX<\/a><\/p>\n<p>In addition, the value and volume of KSE-100 index shares also showcased a growing trend, with 268.8 million shares (amounting to PKR 12.6 billion) being traded during this time \u2014 the highest this number has been in the last 29 months.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/secp-approves-listing-rules-smes.html\" target=\"_blank\" rel=\"noopener noreferrer\">SECP approves listing rules for SMEs<\/a><\/p>\n<p>As per reports, the International Monetary Funds\u2019 (IMF) approval to grant PKR 250 billion to Pakistan, for the purpose of reducing the circular debt faced by the energy sector, led to a bullish activity in oil marketing companies (OMCs). Moreover, the other sectors trending positively on the stock market included banking, energy, <a href=\"https:\/\/www.zameen.com\/news\/up-to-35-decline-in-profits-reported-by-cement-manufacturer.html\" target=\"_blank\" rel=\"noopener noreferrer\">cement<\/a>, food, steel and chemicals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The Pakistan Stock Exchange (PSX) recently witnessed a remarkable growth trend that managed to continue through to Monday \u2014 as it recorded the highest percentage growth it has managed to achieve over the last nine months, according to news sources. In this regard, the exchange successfully grew by 827 points to reach a new high of 38411.56 points; rising by 2.15% in this time period. Read:\u00a0ECC approves PKR 20 billion for PSX In addition, the value and volume of KSE-100 index shares also showcased a growing trend, with 268.8 million shares (amounting to PKR 12.6 billion) being traded during this time \u2014 the highest this number has been in the last 29 months. Read:\u00a0SECP approves listing rules for SMEs As per reports, the International Monetary Funds\u2019 (IMF) approval to grant PKR 250 billion to Pakistan, for the purpose of reducing the circular debt faced by the energy sector, led to a bullish activity in oil marketing companies (OMCs). Moreover, the other sectors trending positively on the stock market included banking, energy, cement, food, steel and chemicals.<\/p>\n","protected":false},"author":75,"featured_media":42592,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15012],"tags":[14032],"persona":[],"class_list":{"0":"post-57764","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-allied-industries","8":"tag-details-on-psx-gains-827-points-climbs-2-15","9":"cat-15012-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PSX gains 827 points, climbs 2.15% - Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: The Pakistan Stock Exchange (PSX) recently witnessed a remarkable growth trend that managed to continue through to Monday \u2014 as it recorded the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/psx-gains-827-points-climbs-2-15.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PSX gains 827 points, climbs 2.15% - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: The Pakistan Stock Exchange (PSX) recently witnessed a remarkable growth trend that managed to continue through to Monday \u2014 as it recorded the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/psx-gains-827-points-climbs-2-15.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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