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Hundred index crosses the mark of 120,000, by adding 831 points

KARACHI: The stock market kicked off the week on a strong note, gaining 831 points and setting a positive.

Karachi Stock Exchange started the week on a positive note, with the benchmark index crossing the significant 120,000 threshold once again.

At the opening of trading, the index saw a robust increase of 831 points, reaching a level of 120,522 points. This marks a strong rebound from last week’s closing figure of 119,691.

Meanwhile, the US dollar experienced a decline in the interbank foreign exchange market, dropping by 22 paisa from 282.02 rupees to 281.80 rupees.