Karachi, Pakistan – The Pakistan Stock Exchange (PSX) kicked off the trading week on a positive trajectory, with the benchmark KSE 100 Index showing a significant upward movement in early trading.
The KSE 100 Index recorded an increase of 368 points, reaching 114,780 points in early business. This positive start follows a negative close on the previous trading day, where the Hundred Index ended at 114,102 points with a slight decrease of 11 points.
The positive sentiment in the stock market coincides with a slight strengthening of the Pakistani Rupee against the US Dollar in the interbank market.
According to forex dealers, the dollar became cheaper by up to 12 paisa at the start of business, trading at the level of 281 rupees 10 paisa.
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This follows a day where the dollar had become more expensive by 16 paisa, closing at 281 rupees 22 paisa in the interbank market yesterday.
