The benchmark KSE-100 Index was up 0.76 per cent and crossed 80,000 during early trading on Wednesday, as the prospects of Islamabad securing another IMF programme grows while the latest inflation data for June also remained well below the average witnessed in 2023-24.
By 10:14 am, the Pakistan Stock Exchange saw KSE-100 Index was recorded at 80,153.96 after gaining 601.08 points, which represents a 23.96pc jump during the current calendar year.
Earlier on Monday, the Pakistan Bureau of Statistics (PBS) reported that the consumer price index (CPI) for June clocked in at 12.6pc on year-on-year basis.
Although the reading is higher than the 11.8pc rise in May, but is well below the average reading of 23.4pc for the financial year which ended June 30.