KARACHI: Pakistan Stock Exchange starts with a positive trend, by adding 1,308 points at the beginning of trading.
The Pakistan Stock Exchange (PSE) is experiencing a bullish trend as the index once again exceeds the 116,000 mark.
On the first trading day of the week, the market exhibited a positive momentum, with the 100 Index skyrocketing by 1,308 points shortly after the session commenced, reaching an impressive level of 116,162 points.
In contrast, last week concluded with the 100 Index settled at 114,854 points, indicating a significant upward shift in investor confidence and market performance.
Additionally, in the interbank market, the dollar’s value decreased by 7 paisas. The Exchange Companies Association reported that the dollar is currently trading at 280 rupees and 40 paisas, reflecting fluctuations in the foreign exchange market.
This positive movement in the stock exchange and the slight dip in the dollar’s price suggest a dynamic economic environment in Pakistan, driving investor optimism and engagement.
