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PSX Set to Rise as IMF Review Nears Amid Economic Indicators Improvement

Guavy AI Editorial Team
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The Pakistan Stock Exchange (PSX) is poised for improvement next week due to several positive economic indicators and upcoming events. According to AKD Research, the market will strengthen as a result of improving economic indicators and the International Monetary Fund (IMF) review.

The brokerage firm believes that the IMF review remains a key catalyst for the market's growth. Additionally, a potential US-Iran deal could ease international oil prices from their current elevated levels.

The benchmark KSE-100 Index closed largely flat for the outgoing week, weighed down by volatility in crude oil prices and heightened US-Iran tensions that kept investors cautious.

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