KARACHI: The Pakistan Stock Exchange seen positive trend on the last day of business week, Market at all-time high, benchmark KSE-100 index rises by 180 points to reach 80,463 points.
Pakistan Stock Exchange (PSX) Managing Director Farrukh Khan has resigned from his position, sparking discussions about the future leadership and underlying reasons behind his departure amidst record highs in the market.
The resignation of Farrukh Khan, who was reportedly the highest-paid MD in the history of the stock exchange, prompted an emergency meeting of the PSX Board of Directors. Sources indicate that the board cannot legally reject his resignation, highlighting the sudden nature of the decision.
Farrukh Khan said that he has resigned for a better future.
